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.

Earnings from mortgage banking declined by 60.2% among 14 publicly traded nonbanks in the fourth quarter.

Federal Reserve Chairman Jerome Powell said major revisions to the proposed capital requirements for large banks are likely.

New York Community Bancorp has its third CEO in less than two weeks.