Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association
The document automation platform is staffing up its machine learning and data science teams in the wake of the new funding round, which was led by Fin VC
Latest policy stance sets the stage for the Federal Reserve to start scaling back debt purchases in November
Prospective homebuyers submit requests for purchase loans at pace not seen since April
Regional mortgage lender Evergreen Home Loans' cash offer product is available in 4 states. Will this become the norm?
Mortgage giant Freddie Mac's analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias
Prices for softwood lumber and some other building materials ease, but workers remain in short supply, according to the National Association of Home Builders
Projected growth in new home sales wouldn't offset expected drop in existing home sales
Biden administration suspends limits on mortgages secured by second homes and investment properties
The service, UWM Appraisal Direct, will be optional and mortgage brokers will still have the option to choose from about 100 UWM-approved appraisal management companies
With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering
Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation's largest lenders
HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn't learn that the home was located in a flood zone until they were told by their lender
Rising home sales and prices helped title insurers post their best second quarter earnings ever, thanks to lower claims and a surge in premiums driven by rising home sales and prices
Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as previously anticipated
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic
There's a backstory to Lower that helps explain why the company believes it can now position itself as not just a lender, but 'Everything for your home, for Lower'
In what could be a preview of what's in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, according to the MBA
Plans are intended as roadmap for reducing racial, ethnic homeownership gap over the next 3 years
