A handful of homebuilder mortgage-banking operations helped improve an otherwise dreary fourth quarter for nonbank lenders. However, four companies have not posted year-end results. (Includes data chart.)
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Earnings generated by banks and thrifts through mortgage-banking activities fell again in the fourth quarter. Chase was among a handful of larger players to buck the trend, based on an analysis of call reports. (Includes data chart.)
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A mild recession is in the making for mid-2023 and the country is still woefully behind on housing supply, according to the MBA’s chief economist.
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Servicing portfolios are available for purchase, including both government and conventional product. However, the market is waiting on news whether Home Point will continue to unload more of its holdings.
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Climate change means future hurricanes will be more severe and have a more northerly track, changing the geography of loss risk for lenders and insurers alike.
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The racial homeownership gap between Black and white Americans continues to persist, according to a report released this week by the National Association of Realtors.
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Mortgage companies waiting for the market to improve; some high marks on MSRs; Ishbia ready to dedicate more time to UWM; Equifax offers expanded credit reports; House approves bill to set minimum federal standards for remote online notarization; Better launches mortgage product for Amazon employees.
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