Originations through the retail channel increased during the third quarter of 2024, but correspondent and broker production grew at a faster pace. The retail share of total first-lien originations declined to 50.8%. (Includes six data tables.)

The increase in the 10-year Treasury rate following the November election and changes in expectations for interest rates have prompted economists to revise down their projections for originations in 2025.

Subservicing balances are declining across the spectrum, but not all vendors are suffering. Cenlar remains the market leader, but Mr. Cooper, ranked second, is no slouch. (Includes data table.)

A provision in the proposed rule that would limit sales of “credit header” information only to users who have a permissible purpose to obtain it would restrict the ability of lenders to advertise mortgage products.

Automatically increasing the caps for loans to be eligible for sale to the GSEs increases access to mortgage credit, but at the expense of increasing home prices.

Lenders could increase originations of mortgages from first-time homebuyers if they did more to educate their loan officers on downpayment assistance programs.

If the $400 million unsecured debt offering is successful, might other nonbanks follow in its wake?

The appraisal industry will soon experience major updates via the GSEs’ migration to the Uniform Appraisal Dataset 3.6.

The former Texas lawmaker and NFL player was executive director of the White House Opportunity and Revitalization Council in Trump 1.0.

Some MSR buyers are offering exceptionally strong bids for servicing, counting on being able to recapture borrowers when interest rates drop. The high bids are creating some complications for sellers and MSR valuations.