“I think a lot of companies bet late last year and early this year that rates would be materially lower by now than they are,” said Brian Hale, CEO and founder of Mortgage Advisory Partners.

Kroll Bond Rating Agency looked at about 220,000 loans to more than 300,000 borrowers to assess the impact of going from tri-merge credit scoring to bi-merge.

Demand for refis fell to a level seen at the beginning of the year...

Expanded-credit mortgages accounted for 2.5% of total first-lien originations in the second quarter.

The shift from a tri-merge credit report process to a bi-merge standard will take longer than initially planned.

The MBA generated a profit of $11.4 million for the fiscal year ending Sept. 30, 2022, up from $976,186 in income in FY 2021.

SFA is close to offering a first iteration of the revisions, which will focus on prime jumbo MBS.

Uncertainty for the CFPB and the mortgage industry ahead of a Supreme Court case...

The MBS is top-heavy in loans from California, Florida, Georgia and North Carolina...

The VA said the program was being developed within its existing regulatory authority, which means the Administrative Procedures Act would not apply.