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
Wells Fargo to pay $3.7B for alleged customer abuses, including unjust foreclosures
Dec 20, 2022Wells Fargo has agreed to pay a civil penalty of $1.7 billion to settle multiple consent orders related to automobile lending, consumer deposit accounts and mortgage lending with the CFPB.
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Higher mortgage rates exposed Rocket’s vulnerability — can it prove itself as a fintech?
Dec 19, 2022 -
UMortgage to acquire brokerage firm NXT 
Dec 19, 2022 -
Small lenders face onslaught of agency loans returned to sender
Dec 15, 2022 -
In a brutal market, lenders seize on correspondent
Dec 12, 2022 -
U.S. Bank inherited a wholesale lending business. It’s shutting it down
Dec 09, 2022 -
After margin call, EPM stopped paying Jesse Iwuji Motorsports sponsorship: lawsuit
Dec 07, 2022 -
Expansion-hungry Guild gobbles up Inlanta Mortgage
Dec 01, 2022 -
Mortgage group asks regulators to stop FICO’s price hikes of up to 400%
Nov 30, 2022 -
Banc of California sues Sprout Mortgage, Planet Home Lending
Nov 30, 2022 -
$1 million conforming loan limit reignites affordability debate
Nov 29, 2022