House Democrats argue that HUD's cut to the Continuum of Care Program could push 170,000 people to homelessness.
Luxury home prices rose 5.5% year over year in October to a median $1.28 million, far outgaining the 1.8% increase of nonluxury homes.
Finance of America is buying Onity's MSRs and loan pipeline in this niche as PHH retains its role as a subservicer and remains involved in buyout securitization.
-
-
Nearly 85,000 sellers removed their properties in September, the highest number for that month in eight years, according to Redfin.
-
Saul Van Beurden, Wells Fargo's consumer banking CEO and former head of technology, will lead the way on harnessing artificial intelligence.
-
The new cap of $88 billion per company tops this year's $73 billion limit, but keeps pace with multifamily mortgage volume growth in recent months.
-
The Justice Department subpoenaed a key witness in the case, questioning the conduct of Bill Pulte and Ed Martin.
-
Lancaster, Pennsylvania-based Fulton Financial said Monday it will pay $243 million in stock for Blue Foundry Bancorp, which has lost more than $20 million since converting to a public company in 2021.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- Origination BulletinDelivered Every WeekdayHeadlines, marketing tips, and opinions for loan officers and origination sector professionals.
- Servicing BulletinTuesday, ThursdayInsights and perspectives for the mortgage servicing professional.
- Technology BulletinThursdayA roundup of the latest headlines and opinions on the mortage technology sector.
-
Renters who pay on time deserve credit toward homeownership, and new data tools can make that possible, according to the owner of Burkentine Real Estate Group.
-
In order to believe in the idea of "competition" in credit scores, the Washington housing community must believe that large institutional investors who buy whole loans and mortgage-backed securities are really, really dumb, writes the Chairman of Whalen Global Advisors
-
The truth is straightforward: the VantageScore 4.0 credit score outperforms the outdated FICO Classic credit score for mortgage, writes the chief data scientist at VantageScore.
Mortgage companies see a lending future backed by artificial intelligence, but there may be as many questions as answers to what the path might look like.
There's a 13-percentage-point differential in the use of "advanced" mortgage fraud detection tools between banks and non-banks, with costs as a major reason why.
-
ON-DEMAND VIDEORecapture strategies from a subservicer perspective -
ON-DEMAND VIDEOKC Mathews, executive vice president and chief market strategist at Commerce Trust breaks down the FOMC meeting.
-
ON-DEMAND VIDEOThe markets are waiting for the Federal Open Market Committee to make its next move.
