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.
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G-Rate sued for gender discrimination, sexual harassment, unpaid comp
Apr 18, 2024A former Guaranteed Rate LO is suing the lender and two managers for allegedly discriminating against her on the basis of gender, failing to compensate her equal to male co-workers, and subjecting her to sexual harassment.
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Loan buybacks haven’t disappeared, but they are trending down
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First Community Mortgage selects Blue Sage platform to scale business
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The ‘double-edged sword’ of dual licensing
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BofA’s mortgage production falls in Q1
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A&D Mortgage revamps its partner portal
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As a ‘higher-for-longer’ rate scenario unfolds, how is the mortgage industry adapting?
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Industry experts detail the benefits, challenges of AI
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Mortgage volumes remain under pressure at Wells Fargo, JPMorgan
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CMG acquires Norcom Mortgage’s retail assets
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FDIC finds banks violated RESPA on mortgage brokerage payments
Apr 10, 2024