Millennials are likely to drive purchase business, while Gen X is the most likely refinance candidates, a related Freddie Mac analysis said.
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Federal Housing Administration-backed lending was the only mortgage type to grow in volume at the end of last year, but the pace of decline among originations overall also slowed.
May 17 -
A complaint lists out a number expenditures that employees paid out of pocket, but were not reimbursed for, such as high-speed internet, a dedicated phone, and home office expenses.
May 17 -
Test your knowledge of the biggest mortgage headlines, from new mortgage execs to AI chatbots. No. 2 pencil not required!
May 17 -
America's Moneyline, which is accused of flouting UWM's ultimatum, argues Fairway's exit from wholesale and recent media coverage warrant a reconsideration of a previous decision to dismiss its countersuit.
May 17 -
The agency seeks the public's thoughts on how the regulatory statement governing FHLBanks could better reflect the part they play in housing finance.
May 16
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The lender will advertise Mortgage Matchup, which features brokers, with prominent television and on-court advertisements during games.
May 16 -
The move further diversifies a company working to grow beyond its roots in what is currently a small — but possibly expanding — single-family distressed market.
May 16 -
Investors reacted negatively to New York Community Bancorp's divestiture of a $5 billion loan warehouse portfolio to JPMorgan Chase. The deal has triggered a debate about whether other banks might retreat from lending to nonbank home lenders.
May 15 -
This is the fourth transaction EasyKnock has made of home equity alternative providers since the start of 2023.
May 15 -
Compared to a year ago, investors bought a greater number of properties and made up a larger share of overall purchases, returning to the market faster than individual buyers, according to Redfin.
May 15