#mortgage-origination

#mortgage-origination

Freddie Mac's net income for the first quarter was $3.6 billion, with net revenues reaching $6.1 billion, largely due to a 10% increase in net interest income to $5.6 billion.

The Consumer Price Index jumped 3.3% in March, up from 2.4% annualized growth in February. The all-items index rose 0.9% month over month, marking the largest increase in nearly four years.

Many people successfully purchase homes while still carrying student debt. What matters most isn't whether you have debt, it's how well you manage it.

Newrez originated roughly $10 million in mortgages scored with VantageScore 4.0 that Freddie Mac has now securitized. The move is part of a pilot that helped federal housing agencies greenlight wider use of modern credit scores.

Trust & Will has helped more than 1 million families create estate plans through its digital platform, providing a solution to avoid the lengthy probate process that can create friction for loved ones.

Atlantic Avenue recorded 901 endorsements over the past 12 months, including 64 in February, far ahead of its closest competitors, according to the report.

Eric Ellman, president of the National Consumer Reporting Association (NCRA) said we learned from the 2008 housing crisis that more data is better than less data, especially when the financial stakes are so high. He added, The cost of being right for spending an extra $100 is so much stronger a case to make than the downside risk for a consumer who might lose thousands over the lifetime of a loan.

Newrez's production primarily came from its lower-margin correspondent channel, which had a margin of 0.44% in the quarter. The company is pushing growth in higher-margin direct origination channels, which represented 37% of originations in Q1 2026, up 75% year over year.

JPMorgan Chase's origination volume hit $13.7 billion in the first quarter, down 14% from the prior quarter and up 46% from the same period last year. Retail channels drove most of the production, accounting for 63.5% of the total. The bank's home lending revenues reached $1.23 billion in the first quarter, up 2% year over year.

Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.

Refinance applications increased for the fourth straight week to the strongest pace since 2022, with conventional refinances up 20%. The increase in the average loan size for refinances indicates that more borrowers with larger loan sizes are seeking to lower their monthly payments.

Investment and multifamily loans remained the highest-risk categories, according to the data. An estimated one in 43 investment property applications and one in 27 multifamily applications showed signs of fraud risk during the quarter, well above the broader industry average. The percentage ofrefinancesin the Cotality data set has increased year-over-year by19%, yetthe fraud index is up 1.5% over that time.