The new policy, meant to assist borrowers in Puerto Rico and the U.S. Virgin Islands, will let servicers evaluate borrowers using pre-disaster payment information.
National Mortgage News is pleased to announce the Best Mortgage Companies to Work For, a new survey and awards program dedicated to identifying and recognizing the best employers and providing organizations with valuable employee feedback.
Nearly half the loans were derived outside J.P. Morgan's retail channel, a level not seen in its conforming and prime jumbo securitizations since 2017.
Fannie Mae decreased its 2018 origination forecast for the fourth time this year in anticipation of more upward pressure on rates, and housing weakness that persists despite increased overall economic strength.
Average mortgage rates fell, including the largest week-over-week drop of the past 12 months, but homebuyer demand stays mum, according to Freddie Mac.
Purchase-loan share held steady month-to-month for the first time this year, even though it is still above year-ago levels in line with a seasonal decline, but growth remains in the forecast.
There would be over six million more new homes built in the last decade if new construction remained at the same pace prior to the housing boom, according to Zillow.
As housing affordability continues eroding on growing property values and mortgage rates, nearly a quarter of millennials believe they need to delay having children to afford a home purchase.
Conservatives will continue to fight for the kinds of reforms embodied in the Choice Act for decades to come, and history suggests they will likely win out.
Mel Watt's term as director of Federal Housing Finance Agency ends in January, but his exit may be accelerated if the accusations in a new report prove true.
From Washington to Baltimore, here's a look at the 12 best housing markets for homebuyer purchasing power, where median house values and mortgage rates are more favorable.
Distance from work is a big part of the home buying decision, particularly since a quick commute often comes with higher home prices and less space. But the sweet spot in some cities is just 15 minutes away.
The D.C. movers and shakers at the center of the financial crisis — and the government’s response — have all moved on to new positions. Here's a look at what they did afterward.
While the volume of distressed loans insured by the Federal Housing Administration and Department of Veterans Affairs is down from its peak, the mortgages are no less complicated to service.
As the loan origination process becomes more digital, institutions are on the lookout for the best tools to improve customer service, work seamlessly with partners, and close loans faster.
