Loans sales by banks and thrifts outpaced originations of mortgages marked for sale for the third consecutive year in 2022. The sales boom looks to be coming to an end as loans held for sale dwindle. (Includes two data charts.)

Three regional banks failed recently due partly to interest-rate risk. To avoid the same fate, mortgage companies of all stripes are being pushed to give up some profits to manage interest-rate risk.

Nonbanks are using short-term warehouse funding to their advantage, ramping up capacity when needed and quickly reducing intake when originations dip, an analysis of nonbanks’ financial statements shows.

GSEs set to adopt new credit scores in late 2025; Rocket’s credit card; new president at MISMO.

The bank's stock price is down significantly and a deposit infusion from big banks prompted downgrades of First Republic's ratings.

First Republic's first-lien holdings jumped 28.7% last year...

It's the first HELOC securitization from Figure to receive a credit rating.

The Dodd-Frank Act directed the SEC to write a rule addressing conflicts of interest in securitization.

However, drastic market changes are likely as Wells Fargo ends its correspondent lending efforts...