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The program backed by Mayor Brandon Scott will offer more than 200 city-owned vacant properties to residents who commit to repairing and living in them.

ICE Mortgage Technology's new Encompass Mortgage Insurance Center also allows for seamless data transfers between systems.

Industry stakeholders say this was a good deal for Academy, which likely got to keep their book of business, alongside an upfront payment and the opportunity to receive more money in the future.

Federal Reserve Chair Jerome Powell said at the Federal Open Market Committee press conference Wednesday that a slower pace of reduction could help the central bank avoid shrinking its holdings further without disrupting the banking system.

Rates won't fall far enough to drive meaningful mortgage volume gains this year, according to a Fitch Ratings analyst.

The board has reduced some aspects of Rithm CEO Michael Nierenberg's pay, but also significantly raised the performance-based component.

Policy experts say the mix of proposals put forth by the White House could ease the nation's housing shortage, but success will be neither quick nor assured.

Limited inventory helped bring the average purchase size on new applications to its highest mark since mid 2022, the Mortgage Bankers Association said.

Some vendors can act as backups when a cyberattack knocks the regular provider's system offline. Others offer vendor management expertise that may help.

While many working in home lending are looking to artificial intelligence for future efficiency and automation, job loss is also a concern among a majority of respondents in a new Arizent survey.