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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DOJ announces $31M settlement with City National Bank in redlining case
Jan 12, 2023 -
UWM takes another big step to reduce prices
Jan 11, 2023 -
Mortgage demand picks up as seller concessions rise
Jan 11, 2023 -
Blend cuts workforce, shakes up leadership
Jan 10, 2023 -
Wells Fargo closes correspondent biz, will shrink servicing portfolio
Jan 10, 2023 -
North American Savings Bank to shut down consumer direct division 
Jan 09, 2023 -
Rocket Mortgage affiliate restructures marketing team, imposes layoffs
Jan 09, 2023 -
Build-for-rent is a bet on the ‘new normal’ housing market
Jan 09, 2023 -
loanDepot targeted by lawsuit alleging poor work conditions
Jan 06, 2023 -
Bankers sue Rocket for allegedly failing to pay overtime wages
Jan 06, 2023 -
Loan America sues Sprout for allegedly failing to purchase loans
Jan 05, 2023