When originations sag, one solution is to add new products, nonprime or otherwise. At least that’s what UWM did this week. Will it work?

An increase in the share of minorities working as loan originators could boost approval rates for loan applications by minority borrowers, according to findings from two new studies.

UWM first dipped a toe into the non-QM market in December 2021, launching an interest-only offering...

For the full year, the REIT's profit totaled $21.1 million. Its assets increased to $2.57 billion at Dec. 31, compared to just $509.6 million at yearend 2020.

What caused the recent glut in non-QM paper? Supply and demand...

Mountain America recently launched a one-time-close loan, which can be used for home construction or renovations.

Fannie economists demonstrate that mortgage expenses only account for about 30% of homeownership costs, with g-fees accounting for just a small fraction of that.

Velocity sources its production through mortgage brokers.

With interest rate trends pushing the mortgage industry toward a down cycle, nonbanks reported a decline in fourth-quarter earnings. Margins remain a hot topic among the biggest players in the market. (Includes data chart.)

Finance of America had more than $1 billion of goodwill at the end of September. In the fourth quarter, the company determined its stock price was too low to recognize the benefit, prompting a massive loss.