Origination
Staying on top of mortgage origination news may be more important right now than ever. The mortgage industry has faced more than its fair share of challenges throughout 2022, with higher than average mortgage rates leading to dwindling interest from potential borrowers. In turn, the great mortgage bank consolidation has been underway, and a number of other seismic shifts in the industry have occurred as well.
These types of changes are expected to continue through at least the first half of 2023, although there is optimism that the industry may see improvement in the second half of the year. As a mortgage origination professional, you can stay up to date on the news you need with the extensive mortgage origination coverage published by HousingWire.
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Mortgage volumes collectively fell $138B at Wells, JPMorgan and BofA in 2023
Jan 12, 2024Mortgage businesses at Wells Fargo, JPMorgan Chase and Bank of America are now only a fraction of what they were in 2022.
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New G-Rate program allows sellers to permanently buy down their buyer’s mortgage rate
Jan 12, 2024 -
Guild asks judge to confirm $10.7M award in poaching dispute against ex-employees
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Exclusive: CrossCountry Mortgage CEO Ron Leonhardt talks AmCap acquisition, future targets
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Mr. Cooper names former Wells Fargo, JPMorgan exec Mike Weinbach as president
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CrossCountry adopts FICO Score 10 T for non-conforming loans, MBS issuances
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Don’t expect a significantly better mortgage market in 2024: Piper Sandler
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G-Rate sues NAF over poaching, alleges violation of LO comp rule
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Rocket Pro TPO announces updates to existing mortgage products
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Rocket Companies hires former Airbnb, Coca-Cola executive as its first-ever CMO
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Movement’s ex-national sales director countersues for $13M over unpaid wages
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