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
Rocket Mortgage plans to have 500 remote LOs by the end of 2023
Aug 14, 2023The overall mortgage strategy for Rocket has apparently not changed, but the lender expects to have 500 local LOs score purchase referrals from real estate agents.
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Better.com’s improbable IPO proposal is approved
Aug 11, 2023 -
loanDepot agrees to settle securities class action lawsuit for $3.5M
Aug 10, 2023 -
Wells Fargo’s new down payment grant program offers $10K to eligible buyers
Aug 10, 2023 -
Blend narrows losses in Q2, accelerates path to profitability in 2024
Aug 10, 2023 -
DataDigest: Tracking the jumbo downturn
Aug 09, 2023 -
UWM is profitable in Q2 as origination volume jumps to $32B
Aug 09, 2023 -
The jumbo market is up for grabs (Part II)
Aug 09, 2023 -
Mortgage applications fell another 3.1% last week
Aug 09, 2023 -
loanDepot narrows losses in Q2 as margins improve
Aug 08, 2023 -
The jumbo market’s turning point (Part I)
Aug 08, 2023 -
Mortgage tech firm Lender Toolkit sues two lenders for nonpayment
Aug 08, 2023