Mortgage lenders innovate to help homebuyers cope with higher rates

Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down. Continue reading

Wells Fargo reportedly eyeing ‘major retreat’ from mortgage

Executives said to be concerned about reputational risk of correspondent lending channel, which has historically accounted for as much as half of the bank’s home loan business. Continue reading