The bank's gain-on-sale margin fell from 59 basis points in the third quarter of 2023 to 32 bps in the fourth quarter.

One chief concern: Warehouse borrowing covenants have been breached.

Demand for purchase mortgages declined last week even as interest rates stayed level.

Mortgage borrowers filed only 2.4% fewer complaints last year than in 2022.

The production chief Two Harbors hired was not identified by name...

Pulte boosted its originations in the fourth quarter while production was down at NVR.

“If you look at some of the big names, the common thread is always a phishing email that someone clicked on,” said Freddy Feliz, chief information officer and vice president of information technology at the Mortgage Bankers Association.

loanDepot won't assess late fees for its servicing customers for January payments until after the end of the month.

The volume of loans with an LTV of 81% or above dropped by 18.5%.

Originations in 2023 were at the lowest level seen since 2014.