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
Mr. Cooper lays off workers as originations nosedive
Apr 29, 2022Add Mr. Cooper to the list of lenders and servicers reducing staff: pink slips arrived for 250 employees in the first quarter, as the company faced declines in the earnings from loan originations. And it’s going to get very rough in Q2.
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Homepoint exits correspondent following deal with Planet Home Lending
Apr 29, 2022 -
Mr. Cooper delivers $658M in profit in Q1 on strength of MSRs
Apr 28, 2022 -
Servicing portfolio propels Ocwen to profitability in Q1
Apr 28, 2022 -
Union Home Mortgage the latest to trim workforce
Apr 28, 2022 -
Homebuyer affordability gets even tougher
Apr 28, 2022 -
Better.com, the rare lender to post huge losses in 2021
Apr 27, 2022 -
Flagstar Bancorp cuts 20% of its mortgage staff
Apr 27, 2022 -
What a dip in mortgage demand says about the housing market
Apr 27, 2022 -
Hsieh stepping back to be loanDepot’s executive chairman
Apr 26, 2022 -
FHFA gets blowback on proposed liquidity requirements
Apr 25, 2022 -
Wells Fargo cuts mortgage jobs amid poor outlook
Apr 22, 2022
