The Latest

Monday’s release of FHA’s annual financial report has renewed calls to end its Life of Loan policy and cut annual premiums back down to pre-crisis levels, the executive director of the Community Home Lenders Association writes.

Announcements from Paramount Residential Mortgage Group and LodeStar Software Solutions are early indications that the company’s aggressive investment in diversified business lines could pay off.

Only eight states experienced annual appreciation viewed as sustainable, according to Fitch Ratings.

Borrowers who make at least a 10.01% down payment will not be required to obtain this form of credit enhancement, as these loans are not being sold to Fannie or Freddie.

The loan pool’s volatility score is high but its diversity of properties is a plus.

Refinance numbers declined for the seventh time in eight weeks, leading to an overall weekly decrease.

The transaction takes depository-focused nCino into the independent mortgage banking side of the lending business.

The deal between the two fintechs aims to cut mortgage decisioning times for lenders and expand access to financing for consumers.

The consumer bureau is asking for comment on whether the rule implementing the Home Mortgage Disclosure Act is meeting its stated goals of detecting discrimination in mortgage lending.

Electronic signatures and remote online notarization can now be used for mortgages that previously were signed in person, subject to certain restrictions.