Refi deliveries declined by 22.4% from June.

Jay Promisco, president at Sierra Pacific Mortgage, said agentic AI can be used to manage the entire loan process.

Most lenders will likely continue to follow existing laws and maintain responsible practices, according to a managing director at a bank’s investment division.

The new relationship will increase Two Harbors’ third-party subservicing business to $31 billion in unpaid principal balance.

The retail segment, with a market share of 42.7%, maintained a narrow lead ahead of correspondents in the second quarter.

Some 80% of the lenders in the MBA's sample turned a profit in the second quarter, the highest share since the third quarter of 2021.

The new endorsements will conceivably cost extra beyond standard title insurance.

“The entire portfolio has experienced overwhelmingly positive rating pressure,” Fitch said of GSE CRT issuance.

The planned IPO will help Figure expand into other markets.

The revised forecast projects an average interest rate of 6.5% at year-end.