In 4Q21, An Adjustment for Conventional Origination Volumes February 10, 2022 Rocket Mortgage ranked as the top originator of conventional-conforming loans with an estimated $279.3 billion in volume.Read More
Lenders Seek Clarity on FHA Loan Servicing Taxonomy February 9, 2022 Monica Hogan But the trades groups also believe implementation and development of new guidance should not be rushed.Read More
Approaching a 4% Conventional Mortgage, Applications Fall Again February 9, 2022 Paul Muolo Might we see a 5% conventional mortgage by yearend?Read More
New Residential Registers An Improvement in GOS. However… February 8, 2022 Paul Muolo NRIC ended the year with an MSR portfolio sized at $483.0 billion, up 1.5% quarter over quarter.Read More
Only Have Crypto for Assets? No Problem, Says FL Home Lender February 8, 2022 Brandon Ivey Founded in 2018, the lender has so far focused on mortgages for foreign nationals.Read More
Mortgage Employment Rises? In December, At Least February 7, 2022 Paul Muolo Mortgage brokers trimmed 500 positions from their payrolls during December.Read More
Venture Capital Still Bullish on Mortgage Tech Vendors February 7, 2022 Sam Manas Vesta was established in the context of two big trends: Lenders increasingly are seeing technology as a differentiator, and automation...Read More
A Reprieve for Now: Agency MBS Issuance Holds Steady February 4, 2022 John Bancroft Total Ginnie issuance was down 3.2% largely due to an 18.7% collapse in rate-term refinance.Read More
During a Tough Week, loanDepot Shores Up Its Credit Lines February 4, 2022 Paul Muolo During the firm’s earnings call, founder and CEO Anthony Hsieh assured analysts the nonbank has plenty of liquidity and will gain market share in the year ahead.Read More
Not a Good Month for Originations: January. Now What? February 4, 2022 Paul Muolo The general consensus among executives and loan officers over the past two weeks is that layoffs likely are on the way — it’s just a matter of when.Read More