Mortgage originations increased by 35.7% on a quarterly basis to an estimated $340 billion in the second quarter.

The CFPB reached settlements with Freedom Mortgage Corporation and Realty Connect, a real estate brokerage. The firms will pay a total of around $2 million for various allegations around illegal referrals.

Each mortgage originated in the second quarter of 2023 generated an average pre-tax net loss of $534, compared to a loss of $1,972 per loan in the first quarter, according to the MBA.

Industry economists project that interest rates on mortgages will peak during the third quarter...

According to the Supreme Court, damages for violations of the Fair Housing Act can't extend beyond the first step of the improper activity.

The Departments of Agriculture and Housing and Urban Development recently issued a proposal for new energy standards for new construction.

Not all lenders are cutting staff...

PennyMac delivered $28.62 billion of mortgages with primary MI into agency MBS issued in the second quarter.

The strong economy looks like a mixed blessing for mortgage lenders.

There's disagreement between mortgage lenders and PACE lenders on the need for ATR standards.