More large aggregators adopted eNotes this year, pushing up the share of closings completed digitally.

Carrington Mortgage and Rate launched new tools to reach borrowers with limited English proficiency.

After originating HELOCs on its own as a proof-of-concept, Figure Technology Solutions is now largely facilitating originations and loan sales for others, charging fees along the way. The company generated $89.8 million of net income in the third quarter.

The share of renter households whose rent payment history has been reported to at least one credit bureau grew from 3% to 13% in four years.

Although most of the large banks reported substantial increases in mortgage-banking income, many mid-size institutions struggled in the third quarter. (Includes data table.)

Agency securitizations rose slightly in the third quarter thanks to increased deliveries of retail loans. Credit quality improved very slightly. (Includes two data tables.)

AI and self-service options are increasingly being used to help servicers communicate with younger homeowners.

The trade group said the bureau’s open banking rule is a productive step toward encouraging a consumer-authorized data-sharing system.

Mortgage executives recommend frequent communication and annual in-person meetings to help staff overcome burnout challenges.

Primis Bank, SmartBank, Bank7 and other smaller banks are touting efforts to increase their mortgage lending. Meanwhile, some banks continue to pull back from the sector.