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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
Using Your Relationship Skills To Close Loans

A relationship banker talks about how her skills helped her start her own mortgage company.

Jan 10, 2023
NMP's The Principal
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
the interest
Realtor.com Launches Enhanced Listings Data For Agents

Says new website features give real estate pros predictive insights to help sell clients' homes.

Analysis and Data
Mortgage Credit Availability Dipped In December

MBA says credit tightening due to mortgage rates remaining high YOY.

Analysis and Data
MISMO Announces 2023 Board of Directors 

The MISMO board will be chaired by John Hedlund, COO and managing director of AmeriHome Mortgage.

Regulation and Compliance
Rocket Mortgage, Former Employees Fight In 2 Courts

Ex-employees file suit over OT pay three months after Rocket sued former staff who joined JFQ Lending.

Operations