These mortgages held by low credit score borrowers, made up 90% of the rise in the number of loans 30 days or more late on payments, ICE Mortgage Tech said.
The Mortgage Bankers Association sees the likelihood of a rise in sales activity later this year based on recent construction trends, in a turnaround from the 2022 market.
Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a MSR portfolio of over $300 billion.
A judge ruled the Pennsylvania lender had to commit to its increased fair lending obligations for three more years, as it wouldn't harm the public interest.
Astrid Malval-Beharry is the Founder and President of
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The subsidiary of Amerant Bank trimmed 58 of its mortgage-related employees, leaving just 20 workers to focus exclusively on Florida-based customers.
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While the nation's largest housing markets in New York and Chicago enjoyed greater annual home price appreciation, home values fell 1.5% in Tampa.
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Longbridge Financial's Christopher Mayer discusses the mortgage industry's opportunities in today's market and its shortcomings when serving older Americans.
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The REIT and its home finance unit are seeking to expand strategies in servicing and originations as market unpredictability has a mixed impact on its investments.
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The challenger bank exceeded analysts' expectations in income, revenue and earnings per share.
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The 250 top mortgage originators in 2025 brought in high volumes despite less than ideal conditions. Check back in the following days for the top 50 and the final full list, with further cuts of the data to be published thereafter.
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If Washington does not continue to support tax policies that encourage housing, it could have disastrous consequences.
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Mary Armstrong pled guilty to all five counts of an indictment charging her with wire fraud, money laundering and conspiracy.
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In the Illinois Legislature a bill has overwhelmingly passed the House which is designed to reduce the filing of fraudulent documents with the county recorder of deeds.
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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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