Peter Koh, an SVP at BoH, pinned the bank's exit from mortgage lending on market conditions.

Almost 30,000 mortgage-banking jobs have evaporated over the past 12 months...

It’s a safe bet that if Trump wins, GSE recap and release will get a second look...

When nonbanks hurt, their warehouse lenders hurt too, though in different ways. A sharp reduction in mortgage originations — with no interest rate relief in sight — is causing a handful of bankers to quit the space.

Servicing sales are brisk, but “franchise” deals remain elusive. As for branch sales, buyers fear the “falling knife” risk.

Conventional rates near 8% might be the order of the day, at least for a few more quarters.

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.