The top three five jumbo originators in 2Q24: Chase, Bank of America, U.S. Bank, UWM and Wells Fargo...

Lenders pinned the underwhelming growth on elevated interest rates and a limited inventory of homes for sale.

HELOCs can fall under the definition of a "credit card plan"  included in the Truth in Lending Act's offset provision, according to the appeals court.

Housing starts in the south were impacted by Hurricane Beryl though activity also declined modestly in some other regions in July.

Correspondent and broker loans were more heavily weighted toward purchase mortgages in the second quarter compared with the retail channel.

Servicers have cited investments in technology to better track when a borrower might refinance, and investments in call center operations to complete the refis.

The economy is looking somewhat stronger than expected, based on data released Thursday.

Among 26 public commercial banks, 17 took losses on their mortgage business in the second quarter.

"While refi activity is up significantly over the last couple weeks, most borrowers would need mortgage rates to move much lower before they’re incentivized to refinance," said Mark Palim, deputy chief economist at Fannie Mae.

It's hard to pin down the "magical" number for interest rates that will unlock the housing market, according to the CEO of The Home Depot.