Housing starts increased 5.7% to a 1.36 million annualized rate after downward revisions to prior months, according to government data released Thursday.
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Late payments on VA loans were up markedly within the first quarter, in contrast to other products, according to new Mortgage Bankers Association data.
May 16
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For the second consecutive week, rates for the 30-year fixed rate mortgage declined as the Consumer Price Index report was better than expected.
May 16 -
Industry organizations indicated they want to be ready to analyze an advanced credit metric in early 3Q in line with FHFA plans, but they see some roadblocks.
May 16 -
The platform, akin to ChatGPT, was developed in partnership with Microsoft, Google and OpenAI.
May 16 -
The lender will take care of settlement agent duties for a flat $1,850 fee, expanding on its previous title alternative program.
May 16
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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 -
A presidential advisor for housing could be the solution for the "alphabet soup" of federal agencies that don't understand the industry, Mortgage Bankers Association CEO Bob Broeksmit said.
May 15 -
The engine, rebranded as ICE PPE, was considered not as robust as the Optimal Blue product it was forced to sell in the Black Knight deal.
May 15 -
The National Association of Home Builders/Wells Fargo index of housing market conditions fell by 6 points to 45 in May, the lowest level since the start of the year.
May 15 -
Refinance activity jumped for a second week, as interest rates trended downwards, the Mortgage Bankers Association found.
May 15
