All

Housing Inventory Up In December, But Still Historically Low

Realtor.com report finds price growth eased to high single-digit territory in December.

Analysis and Data
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Prosperity Home Mortgage Names New President, CEO

Former COO Justin Messer succeeds Tim Wilson, who remains as chairman.

People On The Move
Operations
Jan 11, 2023
THE INTEREST
Embracing Blockchain In Your Production

What is the technology and how can it help you close loans?

Jan 11, 2023
NMP's The Principal
For Wells Fargo, 'The Writing Was On The Wall'

Decision to exit correspondent lending not a surprise to N.Y. lender.

Correspondent
Defy Mortgage Announces National Launch Of Non-QM Lending

Nashville-based lender to focus on lending to borrowers with non-traditional income streams.

Non-QM
MBA: Mortgage Applications Rebound After Year-End Drop 

After falling 13% at years end, applications rise 1.2% in first week of 2023.

Analysis and Data
Wells Fargo Exiting Correspondent Lending & Reducing Servicing

Bank announces strategic plans to 'create a more focused home lending business.'

Correspondent
Operations
KBRA Assigns Preliminary Ratings To Onslow Bay Non-QM Securitization

OBX 2023-NQM1 is a $405.2 million non-prime RMBS transaction.

Non-QM