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A majority of recent sellers said they offered to cover closing costs, with many also buying down mortgage rates, according to a new report from Zillow.

Developing class action cases could corral hundreds of thousands of plaintiffs in fights against lenders who allegedly defrauded customers and employees.

The Mortgage Bankers Association is examining the data to see if the high ratio warrants a new push for a premium cut but said rising arrears call for caution.

After piercing the 7% ceiling in January, the 30-year fixed trended lower the rest of the year, dropping 89 basis points from peak to trough, Freddie Mac found.

Following the resignation of CEO Patrick Donlon as the result of a settlement, Yield Solutions Group has taken operational control of Trusted American Mortgage.

AI's capabilities far exceed how the technology is being used in mortgage, but an all-in strategy will quickly put companies ahead of the pack, leaders say.

National home prices grew monthly and annually in October, but considerably less than last year, according to S&P Dow Jones Indices.

The professionals can't originate loans in their local cities for various stretches, following a federal judge's ruling granting most of the lender's wishes.

New Jersey-based OceanFirst Financial slid in its planned $579 million acquisition of Flushing Financial just before the end of the year. The private equity firm Warburg Pincus is also participating in the transaction.

The new regulation, which passed overwhelmingly in the state legislature, would allow insurers to remove wildfire protections from standard homeowners policies.