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The offering touts closings in as few as 10 days and allows homebuyers to compete with deep-pocketed investors and iBuyers.

While the company improved on the prior quarter’s results, efficiency measures including layoffs failed to make up for less favorable secondary market conditions.

Embattled online mortgage lender Better is turning to a former Goldman Sachs Group Inc. consumer-banking veteran to help it pursue a public listing just as rising interest rates pressure the business already reeling from a slew of personnel missteps.

The Federal Housing Finance Agency is shoring up the government-sponsored enterprises’ finances as it returns to considering a mission-centric conservatorship exit, and its related policies have implications for lenders.

But with fewer mortgage transactions forecast for the next few years, it is unlikely that record will be topped any time soon, the American Land Title Association said.

New insurance written during the first quarter slipped by 20% from the prior three months and by 30% year-over-year, yet five companies had higher income than in the fourth quarter and all six earned more money than in the first quarter 2021.

The pending budget reconciliation legislation should retain measures meant to support minority homebuyers writes the President of the National Association Of Real Estate Brokers.

Borrowers must be protected against discrimination at all steps of the credit process — including after they’ve already been granted credit, the regulator affirmed.

But purchase activity reflected “resilient” consumer demand during the month, and first-time homebuyer loans gained market share, according to Black Knight.

The complaint claims outgoing staff downloaded information regarding a combined thousands of loans to their personal emails before departing for CrossCountry Mortgage.