Nonbanks regained market share among the top 100 mortgage producers in the third quarter despite a small decline in volume. First-lien lending at small banks and credit unions was up. (Includes two data tables.)

First American Financial argues that title insurance is a negligible life-of-loan cost for homeowners and is not regressive.

The publicly traded reverse mortgage lender faces NYSE delisting, while surviving on covenant waivers granted by its warehouse financiers.

The revised CDFI certification process will improve lender accountability and streamline the application process.

CrossCountry Mortgage owner Ron Leonhardt wants his nonbank to be the largest lender in the land. One way to do that is to buy other shops — and it looks as though CCM has another target in its sights.

Better Mortgage cannot communicate with its underwriters on wage-and-hour issues unless it receives approval from a district court.

The GSEs’ new multifamily loan acquisitions came to just $82.7 billion in the first 10 months of the year. That was down 23.8% from the first 10 months of 2022.

Fannie, Freddie and Ginnie all saw sturdy increases in agency-eligible high-balance loans during the third quarter. The non-agency jumbo market remains significantly bigger, but production fell.

With the cost of credit reports rising, many lenders have begun increasing their use of cheaper soft pulls for borderline borrowers. However, lenders say credit bureaus are raising the price for those as well.

It’s unclear whether loans that have gone into forbearance post-pandemic will be eligible for new repurchase alternatives.