Lenders should shift their marketing spend from trigger leads to other sources, according to Jimmy King, CEO of BankingBridge, a mortgage marketing technology company.

Despite underlying issues with the mortgage market, the FHFA's conservatorship over Fannie Mae and Freddie Mac looks unlikely to end.

As lawmakers move to ban the use of trigger leads, lenders should focus their dollars on other marketing sources.

The company estimates mortgage technology segment revenue growth in the low to mid-single-digit range this year. The segment boosted revenue by 17% in 2023.

Increases in property taxes and home insurance that bump escrow amounts could put homeowners in financial hardship, according to a new survey by Lereta.

JPMorgan Chase had the largest jumbo servicing portfolio, with $327.9 billion in volume at the end of December.

Rocket Companies reported a net income loss of $232.6 million in the fourth quarter of 2023.

Fannie's new operations head comes from Morgan Stanley...

The AAA-rated credit card ABS was issued by WF Card Issuance Trust, a de-linked credit card receivables-backed trust sponsored by Wells Fargo.

Morningstar DBRS assigned a preliminary A rating to the deal that includes 370 short-term loans with a principal balance of $158.4 million.