The trade group's letter to FHFA Director Bill Pulte pointed out that lenders were facing credit report price hikes for four straight years.
Pending sales of US existing homes rose in August to the highest level in five months, as falling mortgage rates gave a much-needed lift to the sluggish housing market.
Sean Grzebin discusses his plans to leverage JPMorgan Chase's massive consumer audience to pick up mortgage market share.
Naaz Scheik is the founder and CEO of SoftPak Financial Systems, where he has spent over 30 years pioneering quantitative fintech solutions for global investment firms and banks. A former quantitative analyst, he was named one of the Top 50 Financial Technology CEOs of 2024 in the Financial Technology Report.
The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while reviewing the loan program.
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The regulator lowered benchmarks for acquisitions of certain single-family loans including low-income refinances, and left multifamily targets intact.
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The president's latest commentary comes as he is looking to new leadership at the Fed to help reduce borrowing costs, as he increasingly feels political pressure to address voter concerns over affordability.
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Three US senators opened an inquiry into insurance ratings firm Demotech and whether its assessments may be exposing Fannie Mae and Freddie Mac to growing risks tied to climate-driven insurer failures.
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The announcement follows Realpha's two previous mergers with mortgage brokerages, as well as its purchases of AI firms and title businesses.
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A group of 22 Democratic state attorneys general filed a lawsuit against acting Consumer Financial Protection Bureau Director Russell Vought, the bureau and the Federal Reserve, arguing that the administration's position that the CFPB cannot be funded is wrong.
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The national mortgage delinquency rate jumped to 3.85% in November, up 15% month over month and 2.79% year over year, according to ICE Mortgage Technology.
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Mortgage lenders should develop a comprehensive program to identify potential risks of noncompliance with consumer protection rules and take corrective actions before the Biden-era Consumer Financial Protection Bureau comes calling.
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Hardly a day goes by where a Covius client doesn’t have a question about the timing of various federal and state deadlines, its vice president of compliance writes.
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The sooner troubled loans can be put on a more proactive servicing path, the more likely the distressed homeowners will be able to avoid foreclosure, writes the vice president of market economics at Auction.com.
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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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