Production-related income rose in the first quarter despite slowing origination volume, while MSR hedges performed better. (Includes one data table.)

Unlike other AI guidance tools, the new mortgage-specific framework launched by MISMO is designed for organizations without big risk-focused teams.

In a joint comment letter, a dozen trade groups said the FCC’s proposed restrictions on foreign call centers are unnecessary because existing federal laws already impose “extensive” consumer protection, privacy and data security obligations on financial services providers.