ICE adds rate lock comparison tool to Encompass
ICE’s rate lock comparison tool in Encompass enables lenders to detect and adjust for loan changes that may affect pricing & eligibility.
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Better mortgage spreads are capping rates in 2025
Better mortgage spreads are limiting how high mortgage rates can rise in 2025, which is in contrast to what we’ve seen in recent years.
A timeline of what’s happening at the CFPB under Trump
President Trump’s shake-up of the CFPB continues. Here’s a timeline of everything that’s happened at the bureau since Trump’s inauguration.
Newrez parent Rithm Capital posts 57% profit growth in 2024
Rithm Capital, which owns multichannel mortgage lender Newrez, built upon its success in 2023 with net income of $835 million in 2024. That figure represented a 57% increase from its profit of $533 million a year earlier.
Better announces ‘Better Forever’ borrower loyalty program
The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019, are automatically enrolled in the program.
Lower CEO Dan Snyder explores acquisitions, technology and growth plans
Lower recently acquired Neat Labs to transform its in-house technology stack going into 2025. CEO Dan Snyder shares more details.
Mortgage applications for new homes are 9% higher than a year ago
MBA builder application survey data for December highlighted 9% year-over-year growth in loan applications for new homes.
Conforming mortgage share hit record low in December
At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward refinance opportunities. A report released Tuesday by Optimal Blue found that the conforming loan share sank to historic lows in December.
AFR’s Rob Pieklo explores the state of the 2025 wholesale mortgage market
In a new episode of 10 Minute Talks, HousingWire President Diego Sanchez sits down for an in-depth conversation with Rob Pieklo, president and chief operating officer of American Financial Resources (AFR).
Ally Financial closes mortgage origination business
Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments.