Origination
Staying on top of mortgage origination news may be more important right now than ever. The mortgage industry has faced more than its fair share of challenges throughout 2022, with higher than average mortgage rates leading to dwindling interest from potential borrowers. In turn, the great mortgage bank consolidation has been underway, and a number of other seismic shifts in the industry have occurred as well.
These types of changes are expected to continue through at least the first half of 2023, although there is optimism that the industry may see improvement in the second half of the year. As a mortgage origination professional, you can stay up to date on the news you need with the extensive mortgage origination coverage published by HousingWire.
Latest Posts
MBA urges removal of DTI-based LLPA HW+
Feb 06, 2023The DTI ratio is not a strong indicator of a borrower’s ability to repay, and new LLPA changes raise operational challenges for lenders.
-
UWM names Andrew Hubacker its new CFO HW+
Feb 06, 2023 -
Pennymac sticks to its strategy as the market continues to shrink HW+
Feb 02, 2023 -
FOA announces the sale of Incenter’s title businesses HW+
Feb 02, 2023 -
Wells Fargo cuts 140 jobs as it exits the correspondent channel HW+
Feb 01, 2023 -
Borrower demand declines amid a volatile mortgage market HW+
Feb 01, 2023 -
How Andrew Marquis plans to close more loans in a low-inventory market HW+
Jan 31, 2023 -
NYCB confirms cuts to retail mortgage channel after acquiring Flagstar HW+
Jan 31, 2023 -
AmeriSave accused of defamation, failure to pay wages in lawsuit HW+
Jan 30, 2023 -
How JVM Lending plans to expand without any loan originators HW+
Jan 27, 2023 -
Top Fairway LO Dave Medina decamps for Movement Mortgage to spread his wings HW+
Jan 27, 2023