The growth is partly due to improved dynamics between life insurers and mortgage partners.

MISMO provided some standards for nearly 200 fees that a borrower could see on a Loan Estimate form.

Second quarter mortgage banking revenue at USB came in at $161 million compared to $128 million in 1Q23.

Banks have enough capital, according to Brian Moynihan, chair and CEO of Bank of America.

FirstKey Mortgage is expected to issue a MBS of closed-end second-lien loans amid growing demand for the product.

The Consumer Financial Services Association of America said courts have “ample means” to protect the mortgage market if the CFPB is found to be unconstitutional.

Officials at Western Alliance Bank stressed that the bank worked to get back to "normal" in the second quarter.

Several usually active issuers had no issuance in the second quarter, including Angelo Gordon, Ellington Financial REIT and Redwood Trust.

At June 30, BofA held $228.8 billion of first-lien residential mortgages on its books. The average yield: 2.98%...

HUD proposed applying certain requirements for approved FHA lenders/servicers to entities that invest in FHA mortgages.