With originations and loan sales rising across the industry in the third quarter, most companies booked income gains from those activities. Servicing, however, was a different matter. (Includes data tables.)

FHFA announces 2025 conforming loan limits; rejection rate for refis hits survey high; home sales projected to increase; split in home price trends based on location; signs of stabilization for property insurance.

A more challenging housing market has led more homebuyers to seek guidance from loan officers, according to a new J.D. Power survey.

Six of the top 10 significant defects in loans acquired by Fannie Mae in the first quarter of this year weren’t on the list in the last quarter of 2023. Income calculation, though remained at the top of the list.

Mesa’s funding round included investments from Vera Equity, Redwood Trust Horizons and Clocktower Ventures.

Interest rates tick up, mortgage applications slow near the end of September and refi rate locks spike during the month; Annaly turns to Rocket for subservicing and retention; Fairway touts returning employees; mortgage tech developments; SitusAMC sells loan insurance entity.

Mark Cunningham, CEO at TRAiNED, believes new technologies can be leveraged to better reach so-called digital native homebuyers.

Rocket is turning profits again after taking a loss in 2023. Now the lender is working to regain the market share it lost, using various strategies for both purchase mortgages and refinances.

CoreLogic and Equifax launched new income verification tools ahead of an anticipated increase in purchase originations.

FHFA economists estimate that the average required monthly payment for a new mortgage rose 57% between 2022 and the end of 2023.