UWM is projecting revenue of between $800 million and $900 million for the first quarter of 2025, rather than the forecast of between $650 million and $850 million in revenue offered less than two weeks earlier.

loanDepot has returned to the wholesale lending channel after exiting the business in 2022.

The retail channel accounted for 51.3% of first-lien mortgage originations in 2025, up from 50.6% in 2024, according to a new analysis by Inside Mortgage Finance.

"It is possible that pull-through rates declined in February as mortgage rates continued to drift lower through the month," according to analysts at Goldman Sachs.

The correspondent share of mortgage originations shrank in 2025, with retail picking up most of the slack. Both channels remained well ahead of the wholesale channel. (Includes six data tables.)

Only 17% of voters recently surveyed by the National Association of Realtors believe it’s a good time to buy a home.

United Wholesale Mortgage is offering a 75-basis-point pricing incentive for certain conventional and government-insured refinances through March, as well as a $600 appraisal credit for purchase mortgages through April.

Refi guarantees in the Department of Veterans Affairs’ home loan program more than doubled during the fourth quarter.

Hope Dmuchowski, a senior executive vice president and chief financial officer at First Horizon Bank, said the bank’s mortgage warehouse activity is “behaving seasonally” with a decline in volume compared with the fourth quarter.

Federal regulators are set to propose revisions to bank capital requirements and then plan to adjust liquidity requirements.