“The potential for growth of the sector is massive,” said Sainadh Polisetty, a senior vice president of investments at One William Street Capital Management.

Locks for rate/term refis doubled in August compared with July.

The discount applies to most types of refis, through Oct. 31.

The Consumer Federation of America said buyers using FHA loans often face stigma when buying a home and cannot use many competitive strategies that are common to conventional and cash buyers.

The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.

The Fed's anticipated rate reduction is already baked into mortgage interest rates...

HECM production picked up somewhat after a lackluster first quarter.

Brian Devlin, president and CEO of Arc Home, said investor appetite for non-QMs is the strongest it’s ever been.

MSR values are coming down as interest rates decline.

ARMs accounted for 13.6% of first-lien originations in the second quarter of 2024 compared to 11.7% in the first quarter.