Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.
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From the Midwest to mid-Atlantic, here's a look at 12 housing markets where first-time homebuyers find the most affordability, according to NerdWallet.
The agency has freed companies from reporting requirements and provided flexibility on exams to help them deal with COVID-19 fallout. It has also finished other regulatory relief efforts that were in the pipeline before the pandemic hit.
Democrats’ latest proposal to back debt collectors, enable loans for nonprofits and provide other relief could help steer negotiations with the Senate on more stimulus.
From what it takes to accommodate remote notarization to figuring out how to process an influx of forbearance requests through limited communication channels, here are five takeaways from coronavirus-related work restrictions.
As lenders scale up on their remote capabilities in response to the pandemic, the software companies that service them see exponential growth.
Future loss mitigation may be most effective if housing-finance industry stakeholders communicate clearly with consumers about these five aspects of the Coronavirus Aid, Relief and Economic Security Act.
From the crossroads of America down to the bayou, here's a look at 12 housing markets where it's the most financially prudent to buy a home rather than rent, according to First American.
Forbearance requirements under the CARES Act raised immediate concerns about servicing advances and performance, but experts suggest there are other outcomes to brace for, too.
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News & Features
Australia has announced a A$688 million ($476 million) stimulus package aimed at bolstering the housing construction industry, as the coronavirus-hit economy heads for its first recession in 29 years.7h ago
Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.9h ago
Metro Denver's housing market bounced back in May, with new listings and pending sales rebounding after stay-at-home orders lifted, according to the Denver Metro Association of Realtors.June 4
Nine years of annual home price gains are expected to come to an end by next April, according to CoreLogic, although prices in Southern California are projected to continue rising.June 4
The new FHFA rule sets a percentage-based threshold to measure compliance, rather than Home Mortgage Disclosure Act data.June 3
Millennial refinance activity hit a new high-water mark behind historically low mortgage rates, up 40 percentage points from the year before, according to Ellie Mae.June 3
- GSE regulator creates credit risk transfer capital retention tool
- Purchase mortgage applications continue to climb, for now
- Fitch weighs the potential fallout of GSEs exiting conservatorship
- With coronavirus constraining supply, home prices are up
- Bank of America commits $1B to coronavirus relief for people of color
DocMagic Launches AutoPrep Technology, Enabling Total eClose™ to Accept Documents from Any Provider for Paperless eClosingsTechnology automates the intricacies of preparing documents for an electronic closing
Tier 1 CRA rounds out their product offerings with Finicity partnership
The integration allows lenders to more efficiently and securely share data between Visionet’s VLR solution, that is approved/certified by Freddie Mac and Fannie Mae, and Ellie Mae’s Encompass® to improve closure ratio, reduce turnaround time and save costs in the loan origination process.