Federal banking regulators are still grappling with whether to re-propose a rule on capital requirements for large banks or to move on to a final rule.

The sale effectively takes Flagstar out of the warehouse lending arena.

“In short, the agencies tried to do too much,” the American Bankers Association said.

The top higher-priced mortgage lender in 2023 was 21st Mortgage, with $2.55 billion in volume.

The decline in demand for purchase mortgages was most prominent for FHA mortgages, where applications declined by 9% on a weekly basis.

Better's gain-on-sale margin improved to 237 basis points in 1Q24 from 203 bps for all of 2023...

The funding request includes $81.3 billion for HUD programs to increase the housing supply and lower homeownership costs.

Home price appreciation in 2024 is expected to be well below the 5.5% annual appreciation seen in 2023, according to Fitch Ratings.

Guild generated a profit of $28.4 million in the first quarter of 2024.

A new survey shows that higher interest rates may not be the only thing stopping homeowners from moving.