In 2022, Homestar originated $2.5 billion in residential loans...

The pros and cons of subservicing? It all depends...

Desperate times call for desperate measures. But, perhaps, having the GSEs create demand by purchasing (a lot) more of their own MBS in an effort to lower rates is a bridge too far.

The residential finance industry is hoping the Federal Reserve and/or the GSEs might come to the rescue by playing a role in driving down mortgage rates. How’s it looking, then? Not so good.

While originations and revenues sink at fintech Better, management remains well compensated, which is sure to irk suffering shareholders.

The comment deadline is now Jan. 16 and the Fed launched a data collection effort; Homestar Financial calls it quits.

CMG’s scorecard looks like this: 394 retail branches today compared to 241 a year ago.

Time to bet on bonds? Now, let us pray...

Mortgage rates remain stubbornly high by modern standards with the spread between the 10-year Treasury and MBS showing no mercy. Is there any hope on the horizon for a reprieve? Probably not.

Third-quarter results from the publicly traded megabanks have arrived. The mortgage read: mostly lower originations, but higher MSR marks.