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A shortage of workers, sharp wage hikes and global supply chain challenges held the nationwide completion rate to just a 7% increase between 2019-21, according to LendingTree.

First American’s Real House Price Index showed a record increase, reflecting both elevated home prices and fast-rising interest rates.

The bank didn’t disclose which specific employees, or how many, were impacted by the announcement.

Although no attacks have been tied to the country so far, professionals say the industry already beset by heightened fraud risk is a ripe target.

Allowing VantageScore to compete in the mainstream mortgage market may help to close the racial homeownership and financial wealth gap by increasing homeownership opportunities for underserved populations, writes the president and CEO of HomeFree-USA.

Federal Reserve Chair Jerome Powell outlined his most aggressive approach to taming inflation to date, potentially endorsing two or more half percentage-point interest-rate increases while describing the labor market as overheated.

With Digital Asset Registration Technologies, lenders can avoid duplication errors and riskier arrangements with multiple parties on the platform, its creators say.

Health care, home improvement, cannabis, gaming and college students are among the areas banks are targeting with the help of innovative tools.

Originations in this business have slipped over the past four quarters and now make up less volume than what the bank brings in from consumer direct.

Mortgage finance stakeholders must pay careful attention to “nuts-and-bolts” which, if ignored or misunderstood, can become landmines when implementing even the most well-intended new policies or practices writes a senior advisor at the Milken Institute Center for Financial Markets