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Complaints to CFPB Involving Mortgages Stand Out

November 5, 2024
Shannon Clark
Complaints about credit reporting dominated submissions to the CFPB and they more than doubled on an annual basis through the first three quarters of this year.
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A Banner Month for Mortgage Hiring. However...

November 4, 2024
Paul Muolo
At some shops, mortgage bankers are trying to do more with less, aided by technology.
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Depositories Generate Small Gains in Mortgage-Banking Income During 3Q24

November 4, 2024
John Bancroft
Fifteen banks tracked by Inside Mortgage Trends said their mortgage-banking income declined from the second to the third quarter.
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Large Nonbanks Increase Their Servicing Share in Third Quarter

November 1, 2024
Brandon Ivey
Mr. Cooper and other nonbanks are growing through a mix of in-house originations and acquisitions, with an emphasis on the latter.
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A Four-Year High on FHA Delinquencies. Time to Worry?

October 28, 2024
Monica Hogan
FHA delinquencies haven't been this high since the early days of COVID.
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Servicing Values Take a Hit in 3Q

October 28, 2024
Paul Muolo
One advisor, requesting anonymity, said he had a couple of clients who took “double-digit” markdowns.
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Short Takes: An Adjustment for Warehouse? / Debt and Rates? / Eye on the 10-Year / Chopra Not Speaking at MBA / Pricey Paper for Onity

October 28, 2024
Paul Muolo and Brandon Ivey
Is there a connection between interest rates and deficits? There is for subprime borrowers...
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Refis Help to Push Up Originations in Third Quarter

October 25, 2024
Brandon Ivey
The uptick in the third quarter this year was the first time originations increased from the second quarter to the third quarter since 2020.
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Servicing Issues Increase in Mortgage Complaints to CFPB

October 24, 2024
Shannon Clark
Mortgage-related complaints submitted to the CFPB were up 2.7% from the second quarter, driven by servicing issues.
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Delinquencies Rise for FHA, VA Agency MBS

October 23, 2024
Namrata Bhatia
The total agency delinquency rate rose to 3.30% at the end of the reporting period.
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