April 26, 2024By Brandon IveyOriginations Steady in First Quarter, UWM on TopFirst-lien mortgage originations remained in a trough in the first quarter of 2024.
April 26, 2024By Brandon IveyRising Costs Prompt Large Losses for Lenders in 2023Only 36% of the lenders participating in the MBA’s report turned a profit in 2023, down from a 53% share of participants in 2022.
April 26, 2024By Brandon IveyShort Takes: Slight Increase in Pending Home Sales / Non-QM Performance Improves / Wells Expands Downpayment Grant Offering / Negative Outlook for Community Loan ServicingElevated interest rates and limited housing inventory led to a tepid increase in pending home sales in March.
April 25, 2024By Brandon IveyShort Takes: High Inflation Reading / Home Prices Down in Some Cities / AmWest Partners With Ares / Carrington Adds ITIN Product
April 24, 2024By Brandon IveyShort Takes: Applications Down Slightly / Sales of New Homes Increase / New CEO at Figure Technology Solutions / Lender to Offer Services in Spanish
April 23, 2024By Brandon IveyShort Takes: Fannie Revises Originations Outlook Upward / Former Head of Correspondent Lending at Wells Lands at Mr. Cooper / DPA From loanDepot / CrossCountry Financing Energy Efficiency