The Latest

Affordability constraints have made borrowers who bought properties within the last 12 months increasingly vulnerable to price declines.

Also, MISMO names new president, Mr. Cooper appoints chief officers, Cenlar, Dovenmuehle add to servicing teams and Fairway goes in on reverse lending.

The change may decrease the amount of time that a servicer is required to hold a loan on their balance sheet.

A Connecticut Superior Court Judge has reviewed a long-running legal dispute that could define the role loan officers in direct mortgage operations play in originations.

Regional banks will need to implement holistic, sophisticated data and risk analysis technology following last month's bank runs, experts say.

The agency said it will include home valuation practices in its fair lending review. It's the latest effort by a Washington regulator to root out discriminatory practices in the profession.

The world's largest asset manager, often known for its close partnerships with government agencies, will market SVB and Signature Banks' former assets.

With few clues coming from Federal Reserve officials about their next moves, the 30-year average dropped for a fourth straight week, according to Freddie Mac's latest survey.

Recent deposit flows raise questions about the Fed's support for these funds through its overnight lending facility, and whether that support is doing more harm than good.

The Cleveland Fed chief said she expects to make "some appreciable progress" toward taming price pressures in 2023, and estimates a closely watched gauge of inflation will reach 3.75% by the end of the year.