Originations of home loans with primary mortgage insurance declined during the third quarter as rising interest rates stymied refinance activity across the board. (Includes four data tables.)

FICO’s CEO William Lansing was highly critical of the FHFA’s decision to treat Classic FICO and VantageScore 4.0 the same in terms of loan-level price adjustments.

As FICO transitions to new pricing for credit scores used for mortgage originations, the company is not sharing additional details on its other scoring programs and the related pricing.

Smaller banks and servicers have raised concerns that FASB’s proposal to adjust valuations of mortgage servicing rights to include recapture assumptions could lead to further consolidation in the servicing space.

M&A is expected to rise next year as banks look to return to the mortgage origination and servicing business.

Zillow executives believe that AI and real estate agent partnerships will help them boost mortgage originations.

Congress is about to look very different with Democrats in control of both chambers and a large freshman class reshaping Senate and House committees.

Union Home Mortgage owner Bill Cosgrove’s stake in the Tampa Bay Rays has been a marketing bonanza for the lender but investment in homegrown technology may be more important.

Rocket and Chase both reduced their portfolios of owned MSRs and primary servicing. United Wholesale Mortgage and Pennymac are also in the process of selling large chunks of servicing. (Includes three data tables.)

Current-coupon conventional MSRs are selling at a seven multiple. There’s speculation that prices will rise, especially if banks come back to the market. However, some analysts are suggesting that MSR investors and prices are on shaky ground.