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.
Latest Posts
Credit reports will be more expensive for mortgage lenders in 2024
Dec 01, 2023In 2024, FICO will charge one price – higher than the current price – to all mortgage lenders. It is moving away from the tier-based structure it implemented in early 2023.
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Nonbanks’ profitability to decline in the coming quarters: Moody’s
Nov 28, 2023 -
FHFA conforming loan limits increase to $766,550 in 2024
Nov 28, 2023 -
Rocket Pro TPO announces a 25 bps credit on non-owner-occupied agency loans
Nov 21, 2023 -
CMG Financial adds Shamrock’s $300M-plus origination team
Nov 21, 2023 -
Movement sues Summit, former veteran sales executives for poaching
Nov 17, 2023 -
Rithm Capital completes acquisition of Sculptor
Nov 17, 2023 -
UWM to cover appraisal costs on 1-0 temporary rate buydowns
Nov 15, 2023 -
Citizens Bank to exit the wholesale channel
Nov 15, 2023 -
Weekly mortgage applications pick up but remain subdued: MBA
Nov 15, 2023 -
The average IMB lost $1,015 per loan in Q3, nearly doubling Q2 losses: MBA
Nov 14, 2023 -
Better delivers $340M loss in Q3, plans to keep trimming expenses
Nov 14, 2023
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