CSBS stressed that it develops and maintains the National Multistate Licensing System required by the statutory authority of the Secure and Fair Enforcement for Mortgage Licensing Act.

The monthly decline in home prices in January was the first decline since August 2022.

Economists at Fannie Mae revised their interest rate projections, anticipating that rates on mortgages will stay higher for longer.

Some 0.22% of mortgage borrowers were in forbearance as of the end of February.

MBA said lenders were unable to "sufficiently adjust resources to align with fluctuating rates and volumes"...

Banks, thrifts and credit unions ended the year with $3.551 trillion of unsecuritized home loans on their books, a gain of 0.8% from the third quarter.

NAR's settlement essentially eliminates the requirement for home sellers to pay a fee to the homebuyer's real estate agent.

Originations declined as did the value of the nonbank's MSR portfolio.

Companywide, revenue last year came in at $974.0 million, down 22.3% from 2022.

Foreclosure activity declined by 1% on a monthly basis in February.