Rocket Pro TPO first lender to raise conforming loan limits
Sep 15, 2024Wholesale giant Rocket Pro TPO has raised its conforming loan limits, claiming to be the first mortgage player to do...
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Most Recent Originations News
Mortgage
First Interstate joins others fined over flood insurance
Sep 7, 2024The civil money penalty that First Interstate Bank in Billings, Montana is paying to resolve alleged federal flood insurance violations...
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Mortgage
UWM-backed study compares wholesale and retail origination savings
Aug 30, 2024United Wholesale Mortgage has shared a study of public data backing its “brokers are better” mantra, sharing some math describing...
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Mortgage
Existing-home sales increase for first time in five months
Aug 22, 2024U.S. sales of previously owned homes rose in July for the first time in five months, suggesting the housing market...
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Mortgage
Mortgage-related loss grows at Remax in 2Q
Aug 10, 2024Remax Holdings reported higher mortgage revenue year-over-year in the second quarter but the non-GAAP loss for the segment also rose....
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Mortgage
Renter households growing far faster than homeowners
Aug 6, 2024America’s renter population is growing three times faster than its homeowner population amid affordability struggles, partially thanks to the multifamily...
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Mortgage
Mortgage activity cools for second straight week
Jul 31, 2024Home lending activity slowed last week, largely due to a pullback in government-backed refinances, according to the Mortgage Bankers Association....
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Mortgage
Waterstone Mortgage has best quarter in two years
Jul 27, 2024Waterstone Mortgage reported a second consecutive quarter of profitability, although management at its parent company cautioned about the macro environment...
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Mortgage
ICE’s Encompass down following CrowdStrike incident
Jul 20, 2024ICE Mortgage Technology’s Encompass loan origination system went down following a global technology outage. By Friday afternoon, many parts of...
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Mortgage
Home buyers nudge mortgage volumes higher for a third week
Jun 26, 2024Mortgage application volumes inched upward in a holiday-shortened week, driven largely by the return of buyers in the government-loan market,...
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