A growing non-QM MBS sector might be hamstrung by a lack of uniform underwriting and a variety of smaller originators.

Rating services are preparing rating criteria that will consider the impact of loans underwritten using VantageScore 4.0 and FICO 10T.

The lender will retain mortgage servicing rights on its originations in an effort to increase borrower retention.

The lender removed the percentage split between loan officers and NEXA as well as some of the costs tied to other comp structures.

Redfin found that 71.6% of ARM borrowers can refinance into a 30-year fixed rate that is at least 50 bps lower than their original rate.

Lenders are turning to artificial intelligence to reach borrowers even when loan officers are off the clock.

Better plans to refocus its efforts on partnerships and one of its first big partners is cryptocurrency exchange Coinbase.

Former CEO of Fannie Mae said he'll resign from Better's board if former CEO returns; BAC appoints Jamie Cavanaugh as CEO; Stewart goes on acquisition spree.

A decline in median loan amounts offset a modest increase in mortgage rates, which helped lower median mortgage payments in July, according to the Mortgage Bankers Association.

Founded by mortgage industry veteran Ben Anderson, Cindie is designed to work alongside mortgage professionals throughout the lending process.