Loan brokers added 100 full-timers during October, bringing their head count to 86,700 positions.

Commissions for retail mortgage loan officers seem to be stuck in a narrow band, said one consulting firm.

Turner, currently chief visionary officer for multifamily housing developer JPI, also worked in the first Trump administration.

The REIT and Cherry Hill Mortgage Management, the external manager owned by Stanley Middleman, disagree about whether CHMI should pay an $18.4 million fee to terminate the external management agreement.

The three executives hired by CrossCountry previously held similar positions at PennyMac.

Among LOs that knowingly use AI, the most cited use was for marketing efforts.

While agency MBS issuance surged in October, some of the top sellers posted declines in volume compared with September.

At some shops, mortgage bankers are trying to do more with less, aided by technology.

One addresses foreclosures in states with a nonjudicial foreclosure process and the other would modify requirements for direct endorsement underwriters.

Using outsourcing providers can help lenders avoid the hiring cycle that accompanies originations booms and busts.