The mortgage market is losing some capacity as Impac Mortgage and Finance of America move away from traditional production. The moves follow steep losses at the companies in recent years.

Fannie Mae has announced alternative ways to determine a property valuation when a full appraisal isn’t necessary.

It’s not a good time to be looking for work in the residential finance industry. However, the recent bank liquidity crisis caused interest rates to fall, which could improve the production outlook.

Last year was one of the largest for Hispanic homeownership growth in the past 10 years, according to a new NAHREP report.

Failed banks and interest rate risk; DOJ-Sterling Bank settlement; big banks boost First Republic; ICE to fight FTC over Black Knight deal; FHFA delays DTI fee; Guaranteed Rate offering fast approvals.

A handful of homebuilder mortgage-banking operations helped improve an otherwise dreary fourth quarter for nonbank lenders. However, four companies have not posted year-end results. (Includes data chart.)

A mild recession is in the making for mid-2023 and the country is still woefully behind on housing supply, according to the MBA’s chief economist.

Servicing portfolios are available for purchase, including both government and conventional product. However, the market is waiting on news whether Home Point will continue to unload more of its holdings.

Climate change means future hurricanes will be more severe and have a more northerly track, changing the geography of loss risk for lenders and insurers alike.

Mortgage industry stakeholders discuss housing affordability issues at recent ICE conference.