Banks and thrifts handled servicing on $2.790 trillion of mortgages for other investors at the end of June, down $2.38 billion from March.

The deal is expected to increase Velocity’s origination volume by more than 75% and add almost 40% to its servicing portfolio.

The CFPB said the Dodd-Frank Act requires it to collect, monitor and respond to consumer complaints but the publication of complaint narratives and associated data visualizations is “entirely discretionary.”

Through a new platform, mLOOP, loan officers can discreetly connect with potential employers.

The FirstClose/MeridianLink integration will bring FirstClose’s home equity order management capabilities directly into the MeridianLink loan origination system.

Market uncertainty and rising costs have led some economists to revise their origination forecast for the rest of this year and into 2027.

Fannie Mae and Freddie Mac issued a combined $59.84 billion of MBS in July.

The initial phase of the project should wrap up within the next six months.

Freddie offered a series of updates on its new default reporting protocol in a recent bulletin to servicers.

The updates were made following the enactment of the bureau's ECOA final rule.