The Latest

Donald Trump quickly put his stamp on financial markets as his march toward victory in the US presidential election propelled "Trump Trade" plays across assets. 

A proposed downpayment assistance plan spurred former Ginnie Mae chief Ted Tozer's revival of a zero-down FHA loan concept.

Donald Trump appears likely to recapture the White House following a tight race which, as of 5 a.m. Wednesday morning, awarded him 267 of the necessary 270 electoral votes needed for victory.

Loandepot rolled out Project North Star, an initiative designed to position the company as "the leading lending partner of choice for homeowners."

California lender Synergy One recently rolled out Synergy GPT, an enterprise AI bot, and is looking to further expand its technology use cases in 2025.

Over the next decade, the housing market will have excess demand of 25 million units even as the baby boomer generation ages and dies, the Mortgage Bankers Association said.

The incentive, meant to ramp up activity in Rocket's broker channel, is valid from Nov. 5 to Nov. 17.

Low supply and production volumes, though, have left values competitive, with two segments in particular holding promise for favorable returns, a new report said.

The next administration should look for areas in title insurance, homeowners' insurance, and appraisals to pass savings back to homebuyers which could translate into homebuying power for those on the brink of accomplishing their goals, writes Vishal Garg.

The company formerly known as Ocwen improved results on several fronts even though a secondary market price change reduced origination profits in one channel.