The reading for the total delinquency rate at the end of March was the lowest in the 20-year history of Inside Mortgage Finance’s large servicer delinquency index. Delinquencies are projected to increase as unemployment rises. (Includes data chart.)

A House subcommittee’s hearing this week focused on loan-level price adjustments set for the GSEs. While Republicans raised concerns with recent LLPA changes, Democrats defended the changes.

The Mortgage Bankers Association has asked the CFPB to expedite changes to loss-mitigation requirements, noting that regulatory standards haven’t evolved to take into account changes in servicing practices.

Denials of mortgage applications increased as interest rates rose in 2022.

Everything was going relatively well at First Republic, until it wasn't...

Home price declines in California in 2023 might not be as bad as initially expected.

FHFA issued a request for input regarding the framework that applies to pricing single-family mortgages delivered to the GSEs.

About one-third of total mortgage debt outstanding refinanced during the pandemic when interest rates were exceptionally low...

Denial rates on applications for purchase mortgages in the conventional-conforming market held steady in 2022, while refi rejections jumped as interest rates increased during the year, according to HMDA data. (Includes data chart.)

The nonbank plans to use artificial intelligence in an effort to sharply reduce expenses from its call center operations.