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Steve Boms is the founder of Allon Advocacy, LLC and the executive director of the Financial Data and Technology Association of North America, a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States.

The S&P Supercomposite Homedbuilders Index dropped 16% this week as investors grow concerned over a recession and surging mortgage rates.

The agency eased rules regarding delinquency thresholds and reporting regulations through the end of June 2023.

The Minnesota woman altered documents and failed to file documents as promised in cheating multiple investors between 2018 and 2020.

The president acknowledged that aides warned about the inflation risks of his relief package at the beginning of the year, but insists he won't soften stance on Russia as Americans are worried about economic downturn.

But even with bidding wars on the decline and inventory increasing, listing prices continue to creep up.

In response to a raft of recent data breaches, mortgage lenders are implementing a number of measures to protect their clients and themselves.

Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data.

If it works as intended, by calming inflation, it will help to keep mortgage rates low in the long-term.

The mortgage company had experimented with a piggyback product just before the pandemic disrupted the market, and it’s bringing the second-lien portion back as a standalone offering.