The influential nonbank mortgage company is calling for a "do no harm" approach to housing and finds comfort in officials' stated guardrails to that end.
Legal and compliance overtook verification issues as the top cause for application defects during the fourth quarter, according to Aces Quality Management.
The Federal Trade Commission has arranged the payment of hundreds of thousands of dollars to people a law firm charged for lower rates they never received.
New York developers are transforming struggling office buildings into more than 12,000 new apartments in a bid to help offset the city's worst housing crisis in decades.
Bank statement loans, a home equity credit card and a blockchain investment product are among the new offerings designed to reach an $11 trillion market.
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Mortgage credit availability increased 2.3% to 106.8 last month, marking the fourth consecutive month of growth.
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All five publicly traded title insurance companies reported a year-over-year increase in earnings during the third quarter, but only two had higher orders.
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The number of highly qualified refinance candidates rose to 1.7 million, the most in three and a half years, as mortgage rates ease.
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The bill would provide pay for furloughed government workers, resume withheld federal payments to states and localities and recall agency employees who were laid off during the shutdown.
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The impacts of the federal government shutdown are hitting both originators and servicers, and as things drag out, the disruptions will increase.
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President Trump and housing regulator Bill Pulte are considering introducing a 50-year fixed rate mortgage that Fannie Mae and Freddie Mac would purchase.
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Federal Home Loan banks have significantly increased their lending to large financial institutions in the post-crisis years, but it’s doubtful this activity will create undue systemic stress because it has displaced other, riskier forms of bank funding.
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Changes by the National Labor Relations Board ease the tension between one agency requiring lenders to monitor their social media presence and their employees' free speech rights.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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