The industry is hopeful the repurchase-loan pilot will be expanded quickly...

Originations in 2023 were at the lowest level seen since 2014.

Western Alliance’s gain-on-sale margin declined from 38 basis points in the third quarter to 30 bps in the fourth quarter.

“We are really having a working class, middle-class insurance affordability problem around the country,” said Michael Hecht, CEO of Greater New Orleans Inc.

Thanks to a steady decline in mortgage rates during the last quarter of 2023, the bond market has been rallying of late, lifting MBS values.

Mortgage origination revenue at FICO more than doubled in the fourth quarter of 2023 compared with the fourth quarter of 2022.

The CFPB has concerns about lenders reducing LO comp in an effort to increase originations.

Gross profits and profit margins on home sales fell from 2022 to 2023, marking the first year-over-year decline since 2011.

CrossCountry Mortgage will be the first MBS issuer to exclusively use the new FICO 10-T credit scoring model.

Barbara Cooper-Jones will put her retirement plans on hold for a few months to help ensure a smooth transition for her eventual replacement.