Rithm Capital posts a profit in the third quarter as it prepares for the acquisition of Specialized Loan Servicing early next year.

Originations increased by 12% at Flagstar in the third quarter.

VantgeScore suggests that many consumers characterized as "dormant" are actually infrequent users of credit.

The Georgia-based lender will accept locks through the end of the month before shuttering its retail operations.

Mr. Cooper net income up in 3Q23; MBA reports mortgage applications down week-over-week; Redfin reports more homebuyers are moving out of state; Finance of America expands new reverse mortgage program to direct-to-consumer and wholesale channel.

CMG’s scorecard looks like this: 394 retail branches today compared to 241 a year ago.

The lender believes the program is a good fit for the wholesale channel because it helps brokers stand out...

GSE securitization of mortgages with private MI declined in the third quarter while FHA activity increased.

The settlement requires Ameris to issue $7.5 million in mortgage subsidies in majority-Black and Hispanic neighborhoods.

Volume up, margins down.