The Michigan mortgage giant is one of several major lenders gambling that the opportunity to lower rates will attract more homebuyers.

Wells Fargo, the bank with the largest first-lien portfolio, is still under growth constraints placed on it by the Fed...

The DFS said Freddie’s decision “disrupted the ability” of lenders to assess whether a loan is subprime...

Jumbo lending through brokers plunged 52.0%...

During the mortgage boom of 2020-2021, some mortgage CEOs went on a mansion-buying spree.

In 2018, Nicholas and Sharon Honchariw took out a $5.6 million bridge loan from FJM, eventually defaulting on it...

Production of jumbo mortgages in all three channels was down from the second quarter, but correspondents posted a relatively smaller decline than retail producers and brokers. (Includes data chart.)

United Wholesale Mortgage is offering prime jumbo borrowers a 2-1 or 1-0 temporary rate buydown.  Meanwhile, A&D Mortgage announced temporary 3-2-1- and 2-1 rate buydowns.

Depositories grew their first-lien portfolios during the third quarter. JPMorgan was the only bank among the top 10 to report a sequential decline. (Includes data chart.)

Three of the four mortgage securitizations brought to the market this month include large proportions of investment-property loans.