"What Fannie and Freddie and the FHFA should be doing is trying to convince Congress it’s time to get them out of conservatorship," said James Lockhart, the former director of the Federal Housing Finance Agency.

"[ChatGPT] could provide quick, accurate responses to clients so that loan officers, real estate agents and recruiters can spend more time building relationships and closing more deals," said Marvin Bantugan, chief technology officer of Zventus and co-chair of the Hyperledger mortgage subgroup.

The new Ginnie product would relieve pressure for reverse mortgage lenders.

Lakeview handled $644.49 billion in agency servicing as of the end of 2023.

Mortgage originations declined by about 30% in the fourth quarter at BofA, Chase and Wells.

Marcia Fudge, secretary of the Department of Housing and Urban Development, appeared Thursday before the House Financial Services Committee.

The $500 million repo line, with Goldman Sachs acting as administrative agent and one of the lenders, replaces an earlier repo facility.

loanDepot's borrowers are facing difficulties making mortgage payments...

The $455.6 million securitization of closed-end second liens is the largest securitization of newly-originated closed-end second liens seen in recent years.

HECM endorsements increased in the third quarter after four consecutive quarterly declines.