Analysts are predicting stronger results this year after a disappointing outcome in 2024.
Rates for the 30-year fixed mortgage rose just 3 basis points this week, even as the 10-year Treasury yield hit its highest point since November.
A new wave of interest in partnerships between investors and mortgage companies is emerging.
Intermediary automation has increased the immediate availability of product, pricing and eligibility information to both sides of the mortgage business.
Radian undertook a multiyear process that resulted in the $1.7 billion purchase of Inigo, but it's exiting other businesses outside of mortgage insurance.
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A "large institutional investor" will provide funding to assist Rithm in acquiring as much as $1.5 billion worth of residential transition loans.
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Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020.
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"There's nothing that tells me that he should step down right now," Bessent said of the US central bank chief, speaking Tuesday on Fox Business.
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The company has agreed to sell the MSRs on Aug. 1. Its merger with Mechanics Bank is set to close during the third quarter of this year.
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Opendoor's stock price at one point on Monday was at $4.97, more than double its Friday close, but a large drop late in the day left it with a 96 cent gain.
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The bill's sponsors say it can help address widespread problems with housing affordability by allowing homeowners to build accessory dwelling units.
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For lenders who use the administrative exemption or who have exempt branch managers, the new regulations will impact the base salary needed to maintain exempt status once regulations develop.
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Giving the client an edge if there is a bidding war on a property.
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Underwriting is back in style and underwriters are in high demand as the requirements of investors and regulatory considerations require more documentation and more scrutiny around whether a borrower can pay back the loan.
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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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