Mr. Cooper group has reduced its servicing staff and is adding to its originations unit.

Applications for refis declined by 26% last week.

Wells originated $5.5 billion of mortgages through the retail channel in the third quarter of 2024, down 14.1% from the third quarter of 2023.

Residential funders employed 184,000 full-timers at the end of August, down 12,600 from August 2023.

The good news: It was the highest residential lender jobs reading since March of this year...

FHFA will hold FHLBank boards and senior management accountable for planning for and adapting to the shifting risks posed by the increasing frequency and intensity of climate-related natural disasters.

In some cases, CEO pay was cut in half at mid-sized nonbanks.

Offshore labor can be used to prepare origination files for credit decisions by a licensed underwriter.

The selection of Diana Reid means Freddie Mac, Fannie Mae and FHFA are now all run by female executives.

The rallying cry from UWM's Mat Ishbia: The "refi boom" has begun!