Originations of both non-agency and conforming jumbo mortgages increased in the second quarter. Combined, they accounted for 16.1% of first-lien originations. Meanwhile, home price appreciation is slowing. (Includes three data tables.) Read More

The Federal Reserve is widely expected to reduce the federal funds rate on Sept. 18. The initial rate cut is already priced in to mortgage rates. Read More

In the long run, mortgage brokers and real estate agents believe the NAR commission settlement will boost business. Read More

Nonbanks are making money once again, which could pave the way for new nonbank IPOs. Also, some of the IPO class of 2020/2021 are trading above their out-of-the-gate prices. Read More

MBA predicts three Fed rate cuts this year as nonbanks return to profitability for the first time in two years. Read More

Although mortgage “franchise” deals have been few and far between this year, branch network sales have been a different story. One reason: Employees at those networks feel they might be better served under a more aggressive boss, especially with lower rates expected. Read More

The nonbank misled borrowers into believing that its cash-out refinance loans were less expensive than their existing mortgages. Read More

Industry experts at a MISMO conference discussed the challenges of forecasting climate risk and its impact on mortgage performance. Read More

The court said the CFPB has authority to issue the rule that will establish HMDA-like reporting standards for loans to small businesses. Read More