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California has been more typically prevalent in other offerings, but this nearly $817 million package of rights to borrowers’ payments is one exception in a hot market limited only by capacity constraints.

The commodity's price fell to the lowest it has been since September as interest rates continue to rise.

A new study has found that Black and Hispanic borrowers are denied conventional mortgages at higher rates than white applicants and pay up to $2,000 more to refinance.

A positive employment report, robust consumer spending and Fed comments on inflation counter measures drove rates upward.

Hybrid work has led to an increase in purchasing a second home in more scenic, family-friendly areas in addition to smaller, closer homes by the office.

Lenders reduced refinance and jumbo programs on their product menus as interest rates continued to rise in May, the Mortgage Bankers Association said.

Crypto-collateralized loans and the use of shared digital ledgers would have been unimaginable in the not so distant past. Today, such technologies have seemingly limitless boundaries.

ICE’s deal could give it pricing power over the industry to the detriment of smaller lenders and consumers, the nonbank mortgage trade group said in a letter to the Justice Department

Equitable housing initiatives the government–sponsored enterprises detailed Wednesday will rely on mortgage company uptake of experimental underwriting strategies.

Fannie Mae and Freddie Mac asked originators to resubmit applications that contained errors and adjust sold mortgage information due to incorrect life-of-loan representations and warranties.