Northpointe Bank is selling its distributed retail and consumer direct mortgage origination channels to CMG Financial.

Higher mortgage rates slow down mortgage application submissions; Better continues cost-cutting measures; Home prices tick up slightly in September.

While VantageScore has been making its case at investor events focused on publicly traded companies, its CEO says there's no need for the credit scoring company to go public.

Saluda Grade will provide capital for Zippy and work alongside it on credit, product development and other areas.

The annual sales rate for new homes is at the lowest level seen since April 2020, according to the MBA.

Fannie's forecast also shifted from a modest increase in mortgage originations on an annual basis in 2027 to a 10.6% decline.

Originations declined by 12.3% from the second quarter.

First Horizon took a $473 million pre-tax loss in non-interest income on the sale of mortgages with an unpaid principal balance of $4.5 billion.

A recent PwC study found that 74% of borrowers were concerned about AI making lending decisions.

BofA's originations of home equity loans increased by 2.9% from the second quarter.