Originations declined as did the value of the nonbank's MSR portfolio.

Companywide, revenue last year came in at $974.0 million, down 22.3% from 2022.

Foreclosure activity declined by 1% on a monthly basis in February.

Earnings from mortgage banking declined by 60.2% among 14 publicly traded nonbanks in the fourth quarter.

President Biden's budget proposal for fiscal year 2025 included a brief section addressing the future of the housing finance system.

Limited adoption by states of a new form meant to streamline reporting requirements is a “disappointment,” according to the MBA.

FHFA said changes to the survey will help to inform its oversight of the GSEs and Federal Home Loan Banks.

Adrianne Todman will serve as HUD’s acting secretary following the departure of Marcia Fudge.

“The CFPB’s blog post is baffling and reveals little understanding of how the mortgage market works or awareness of its own regulations that provide for full fee transparency and limits on what can be charged,” said Bob Broeksmit, president and CEO of the MBA.

Under FHFA's new pilot, lenders can originate some refis without obtaining title insurance.