Borrowers Leaned Heavily On Credit During August
Overall loan balances rose to the highest level in more than four years
Tagged: Mortgage Origination
UWM Sets Record Q1 Purchase Volume Of $22.1 Billion In Latest Earnings
UWM's purchase volume saw a 7% increase from last quarter and a 15% increase YOY.
loanDepot Reports Eighth Consecutive Quarterly Loss
Originator reports a quarterly net loss of $72 million on revenues of $223 million as first-quarter origination volume declines 8% year over year.
Mortgage Debt Rises To $12.25 Trillion
Mortgage originations for 4Q 2023 hit $394 billion.
California Mortgage Lender Faces Cease And Desist Order In Connecticut Over Unlicensed Originators
Connecticut banking commissioner alleges violations of Truth in Lending and Fair Credit Reporting Act.
W-2s For Originators, Montana Says
The state reminds employers that MLOs are not independent contractors.
Freddie Mac Predicts Little Growth In US Economy Until 2024
Total mortgage originations will remain flat for remainder of the year
TransUnion: Mortgage Originations Near Record Low, Balances Hit Record High
In Q4 2022, originations fell 65% year over year, the largest decline since TransUnion began tracking it.
What To Expect From The Spring Buying Season
An expert tells us whether we can expect the market to warm up with the weather.
