News
Mortgage demand fell to the lowest level since May, even as mortgage interest rates haven’t moved at all. Consumers are ...
Mortgage platform provider ICE Mortgage Technology today announced further integration of its Encompass origination and MSP ...
Loan Depot decided to exit the wholesale business and HomePoint sold its corresponding mortgage origination business. Wells Fargo has been a consistent top-five originator, so this is a big event.
When mortgage rates declined in the third quarter of 2024, Mr. Cooper Group doubled its gains in the origination business. But executives don’t expect to repeat this performance in the coming ...
Ally Financial intends to fully exit its mortgage origination business and reduce its workforce by around 5% in the process. This follows a previous move in November to stop holding new mortgages ...
7dOpinion
Zacks Investment Research on MSN3 Mortgage & Related Services Stocks to Watch Amid Industry Challenges
The Zacks Mortgage & Related Services industry continues to be hindered by volatility in mortgage rates due to macroeconomic ...
Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds ...
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 ...
The holding company for Republic First Bank is exiting its legacy mortgage-origination business. Republic First Bancorp said Friday that the platform’s primary offering has historically been an ...
The mortgage origination business has struggled for the past 18 months, as rising interest rates choked off refinancing activity, and affordability problems negatively affected the home purchase ...
Suburban Mortgage's decision to exit the mortgage business comes on the heels of other mortgage lender layoffs throughout the Valley. It will focus on insurance moving forward. Citing a lack of ...
Republic First exits mortgage origination business, stock rises in premarket By Steve Gelsi Follow Last Updated: May 5, 2023, 9:27 a.m. ET First Published: May 5, 2023, 8:45 a.m. ET ...
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