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The Federal Reserve chair waved off suggestions that recent bank failures demonstrate a need to better separate its authorities. He also noted the importance of clear communication by central bank officials.

The Mortgage Bankers Association sees the likelihood of a rise in sales activity later this year based on recent construction trends, in a turnaround from the 2022 market.

Artificial intelligence can help cut bias out of credit models. The Consumer Financial Protection Bureau should make it easier for lenders to adopt it.

The government-sponsored enterprise only tweaked the two-year mortgage origination forecast, with a $6 billion reduction for 2023, but an increase of $7 billion for 2024.

At least $83 million worth of loans were insured by the FHA without lenders following the necessary protocols, the department's inspector general claims.

The regulator, which is seeking to halt the combination, said arguments involving constitutionality of its proceedings are "impertinent" and "immaterial."

Widespread efforts to save money couldn't entirely counteract the impact of continually rising commissions, compensation and other costs.

Jobs numbers, inflation data and the continued debate over raising the debt ceiling are factors applying upward pressure.

Removing the debt-to-income ratio factor in loan-level price adjustments addressed some criticism, but officials want more information about credit score-based changes.

Contract closings decreased 3.4% last month to an annualized pace of 4.28 million, according to data released Thursday by the National Association of Realtors.