Mortgage brokers upped their market shares in both government-insured and conventional-conforming lending. Retail production also fared well in 2Q19. Read More

For the fiscal year ending Sept. 30, 2018, MBA took in $65.1 million of revenue versus expenses of $54.4 million, according to a newly released tax filing. Roughly half of its annual revenue comes from its hugely popular annual convention.

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Most of the industry's declining balance of servicing for others was attributable to Wells Fargo, JPMorgan Chase and Bank of America. Read More

Mortgage lenders posted a net gain of $1,675 per origination in the second quarter, the best quarter the industry has seen since the third quarter of 2016, the Mortgage Bankers Association said in a recent report. Read More

More than $1.70 million has been raised by mortgage borrowers toward their downpayments through CMG Financial’s crowdfunding platform HomeFundIt. Read More

Weighing in on how to fix the qualified mortgage rule, smaller lenders have suggested a higher debt-to-income ratio cap. Read More

Some 71% of loans processed through an automated underwriting system last year went through Fannie Mae's Desktop Underwriter platform, including a substantial number of loans securitized by Freddie Mac and Ginnie Mae. Read More

The average age of first-time homebuyers is increasing and the buyers are less likely to be married, according to a recent analysis. The average age of buyers in 2017 was 34 compared with 30 in 2009. Read More