News

The company's mortgage segment is working alongside ICE Bonds to incorporate data and provide greater transparency in ...
Mortgage platform provider ICE Mortgage Technology today announced further integration of its Encompass origination and MSP ...
Mortgage originators may be winning over borrowers, but their servicing counterparts are losing ground fast. According to the ...
PennyMac locked $7.2 billion in originations through the broker channel in Q2 and now has over 5,100 approved broker partners ...
The Zacks Mortgage & Related Services industry continues to be hindered by volatility in mortgage rates due to macroeconomic ...
If the lender charges a mortgage origination fee between 0.5% and 1%, the fee would range from $2,073.60 to $4,147.20 While those numbers provide a general estimate, you should know that ...
Mortgage rates retreated this week, with the 30-year fixed rate averaging 6.76 percent, compared to 6.81 percent the previous ...
Mortgage demand fell to the lowest level since May, even as mortgage interest rates haven’t moved at all. Consumers are ...
The acquisition is expected to result in $400 million in fewer annual expenses for the combined companies, including cuts at Mr. Cooper's servicing business as well as at Rocket's mortgage ...
Discount points are a way to lower your mortgage rate, while origination points are fees lenders charge ... lending companies — is roughly proportional to the level of mortgage business that each type ...
Rocket’s revenue per mortgage has fallen alongside its mortgage origination volume, leading to a severe decline in revenue from the highs of 2020 and 2021.
Mr. Cooper also has its own mortgage origination business, although one significantly smaller than Rocket Mortgage. (Mr. Cooper funded $22.8 billion in mortgages in 2024, according to Securities ...