Planet Financial Group grew its production volume by 64% and its mortgage servicing portfolio by 28% year-over-year in the third quarter, as its portfolio retention unit reported record lock volumes…
Category:
Mortage
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A new report expects housing affordability to notably improve by the end of next year with income growth outgaining the average increase in home prices. First American’s September Real House…
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Home equity investment companies were busy last month, securing investments and issuing securitizations. READ MORE: Home equity investment products set to soar, experts say The following is a roundup of…
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Multiple proposals have been in play for government-sponsored enterprises Fannie Mae and Freddie Mac, including some scenarios that could affect the status of their shares. The question for the industry…
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The goal for artificial intelligence in mortgage isn’t total automation, but misunderstandings surrounding the purpose of the technology can lead some to believe it is, resulting in a certain level…
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Key Insight: Acting Consumer Financial Protection Bureau Director Russell Vought says he cannot request money for the bureau because the Federal Reserve System has not turned a profit since 2022.…
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A pool of first-lien, non-prime mortgages will provide collateral for $298.9 million in residential mortgage-backed securities (RMBS) that Blue River Mortgage is bringing to market. Known as GCAT 2025-NQM7 Trust,…
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Mortgage rates inched down this week, and they are likely to remain stable throughout the rest of the year. After three consecutive weeks of upticks, the 30-year fixed mortgage rate…
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While gain on sale margins for mortgage lenders were at least stable, if not improved, in the third quarter compared to prior periods, that did not necessarily translate to improved…
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Key Insight: Even though ethics violations among Fed officials are uncommon, high-profile cases like that of former Fed Gov. Adriana Kugler highlights persistent questions about oversight effectiveness. Expert Quote: “When…