Leaders at the three major credit bureaus, which own VantageScore, expect to see strong revenues and profits as the GSEs allow VantageScore to compete with FICO.

Lenders with high adoption rates for tools from Freddie Mac like automated collateral estimator and asset and income modeler have significantly lower per-loan costs and higher per-loan profits, the GSE says.

Sellers are unwilling to budge on price and buyers are waiting for better deals or a shift in market, prompting more delistings.

After originating HELOCs on its own as a proof-of-concept, Figure Technology Solutions is now largely facilitating originations and loan sales for others, charging fees along the way. The company generated $89.8 million of net income in the third quarter.

Primis Bank, SmartBank, Bank7 and other smaller banks are touting efforts to increase their mortgage lending. Meanwhile, some banks continue to pull back from the sector.

ICE’s lender clients are interested in using AI for document automation and customer engagement.

Mortgage lenders are seeking innovation and increased competition for credit reporting as loan origination costs continue to rise.

Merger and acquisition activity is expected to rise as more lenders attempt to reach economies of scale.

When g-fees increase, lenders unable to pass the added cost through to all borrowers tend to ration credit by rejecting more loans and charging higher rates, according to new research.

A surge in originations helped boost mortgage-banking income in the second quarter, while MSR marks dampened servicing income. (Includes data tables.)