Rocket was the top bulk seller with a sharp increase in transfers, but a number of other sellers pulled back. Coissuance activity increased somewhat from the second quarter. (Includes three data tables.)

Lenders see recapture programs as a growth opportunity as origination volume is expected to decline next year.

FHA mortgages accounted for 32.1% of overall purchase-mortgage volume with primary MI in the third quarter, losing share to private MIs and the VA. (Includes two data tables.)

Equifax, TransUnion and Experian have updated prices for pulling certain credit scores.

The founders of Elio Mortgage want to eliminate the game of telephone that happens during origination.

MBA Chairman Owen Lee said the program is part of the trade group’s priority to strengthen its relationship with loan officers.

Place is set to acquire Ardley, a provider of borrower-level mortgage intelligence.

Restrictions that came into effect earlier this year are likely to shield homebuyers from unwanted promotional offers.

loanDepot recently partnered with real estate brokerage HomeSmart, adding to the growing list of lenders trying to more closely connect home purchasing with home financing.

While AI is offering the mortgage industry many benefits, industry experts caution that it’s also posing new risks, including falsified documents, inaccurate credit decisions and potential disruptions to servicing records.