Chase remained the top servicer of jumbo mortgages in the third quarter of this year, followed by Wells Fargo. (Includes data table.)

MFA Financial’s CEO said the third quarter of 2023 was its toughest since the Federal Reserve began its rate-hiking cycle 20 months ago.

Student loan debt and rising interest rates are causing challenges for mortgages underwritten using debt service coverage ratios.

Altisource Asset Management spilled $13.4 million of red ink in the third quarter, bringing its total losses to $23.9 million since the fourth quarter of 2022.

Affluent homebuyers are choosing all-cash deals over mortgage financing to avoid the high-interest rate environment.

CFPB increases threshold to determine whether higher-priced mortgage loans are subject to special appraisal requirements; LoanStream licensed in Alaska; Upstart launches HELOC product; Valley National Bank launches HELOC for LMI borrowers.

The housing market can be expected to develop new approaches to the negotiation and payment of buyer agent commissions.

According to Invitation Homes, it’s cheaper to lease a home than it is to buy in all of the company’s 16 core markets...

A recent jury decision against NAR, HomeServices of America and Keller Williams Realty may change how real estate agent commissions are structured.

Guaranteed Rate-owned Owning says it can offer mortgage rates which are half a percentage point lower than competition by leveraging proprietary technology and specific underwriting criteria.