Broker Share of Originations Ticks Up in Third QuarterOnly the broker channel managed to increase production in the third quarter, up 1.1% from the second quarter to $96.0 billion.
Freddie Issues Selling Guide Bulletin on AI OversightBeginning March 3, seller/servicers that use artificial intelligence or machine language in the origination of loans sold to Freddie must ensure those systems comply with applicable law.
Subservicing Volume Increases During Third QuarterSubservicing vendors accounted for 28.5% of all outstanding residential loans as of the end of September.