Lenders are ultimately responsible for the quality and accuracy of appraisals. That means their quality control teams need to review every appraisal to preserve rep-and-warrant protection.

VIP Mortgage sought to vacate an arbitration award to a former loan officer regarding overtime pay.

Since 2020, borrower-paid costs have steadily increased and remain elevated, but new research suggests that policy changes could improve affordability.

FHFA Director Pulte frustrated by credit bureaus; mortgage locks decline in December; Mr. Cooper plans layoffs in California.

Gain-on-sale margins improved in the third quarter, helping to offset a decline in net servicing income. (Includes data tables.)

The parent companies of Planet Home Lending and United Wholesale Mortgage were hit with rating moves by Fitch Ratings, which cited an increase in corporate leverage at the companies.

SoFi Bank posted an 18.2% quarterly increase in retail lending in the third quarter, while the market as a whole contracted. The bank is looking to cross-sell mortgages to its customers. (Includes two data tables.)

The metrics used to determine who’s most likely to be a first-time homebuyer vary, but lenders can assume they’re still probably around their early- to mid-thirties.

The firm urged the Financial Accounting Standards Board to update fair value accounting standards for MSRs so they include recapture metrics.

Nearly 70% of all homebuyers in 2025 didn’t shop with multiple lenders for their mortgage, an increase from 62% in 2024.