The three executives hired by CrossCountry previously held similar positions at PennyMac.

CSBS is reminding MLOs of their yearly continuing education requirements in the midst of the annual renewal season.

Splitero received a $300 million investment from funds managed by Antarctica Capital, a private-equity firm.

Among LOs that knowingly use AI, the most cited use was for marketing efforts.

The loss was largely from a negative $878.3 million change in the fair value of mortgage servicing rights.

Officials at the nonbank said they’re “managing towards profitability in the midterm.”

CrossCountry has a separate MBS issuance partnership with Hildene Capital Management, though that’s focused on expanded-credit mortgages.

AGMIT acquired $136.9 million of home equity loans in the third quarter and has committed to purchasing another $200 million in loans over the next several months.

There was little movement in applications for purchase mortgages or refinances last week.

Fannie Mae had the biggest monthly gain in total production among the three agencies, which raised its share of agency MBS issuance in October two percentage points to 27.3%.