Digital Mortgage Direct Page

But total volume is still 53% below last year’s level, while Fannie Mae found the dollar value of refinances down by over 70%.

JPMorgan Chase is laying off hundreds of home-lending employees and reassigning hundreds more this week as rapidly rising mortgage rates drive down demand in what had been a red-hot housing market.

The Federal Reserve has started a hiking cycle that's expected to continue with half-point increases in June and July, Marvin Loh, senior macro strategist at State Street Global Markets, will assess the June Federal Open Market Committee meeting and tell what he expects the panel to do in the future.

Depreciation risk in parts of New Jersey, Illinois and California is growing, according to a first quarter analysis by Attom Data Solutions.

As fewer mortgage borrowers remain impacted by the COVID-19 pandemic, the subservicer elected to reduce the capacity it added over the past two years.

The conflicting analyses of automated valuation models highlight a challenge lenders could face in deciding whether to use them to determine racial disparities in home evaluations.

Many cities with higher shares of list price drops also appeared on a list of the most overvalued areas in the country.

Syed Haider is Principal, Architect and R&D, at X by 2. He has over 15 years of experience designing and implementing enterprise class application and integration frameworks as well as business applications. X by 2 is an IT consulting firm specialized in business and technology transformation for the insurance industry.

Sharon Anne Kean is a senior product director at Wise, where she manages global product expansion and oversees launches into new markets. In her role, she is focused on growing Wise’s U.S. operations and has led the company's growth in other markets, as well as driven the product team’s hiring strategy.