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The company reported nearly $23 million in losses for the second quarter, but that was an improvement on a quarter-to-quarter basis.
August 7 -
An industry coalition wants to ensure borrowers who took out certain types of loans to fund their education aren’t locked out of access to historically low mortgage rates.
August 5 -
With over 4 million millennials entering prime home buying age each year through 2023, purchase activity will be driven much higher, according to Ellie Mae.
August 5 -
Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.
August 5 -
Fannie, Freddie also announced they'll face banklike liquidity standards starting Sept. 1.
July 31 -
Mortgage applications decreased 0.8% from one week earlier as the latest spread of COVID-19 weighed on the minds of consumers looking to buy or refinance, according to the Mortgage Bankers Association.
July 29 -
From guidelines for remote appraisal alternatives to the ways that forbearance affects borrowers' ability to get new loans, here are five examples of mortgage requirements that have been in flux since the coronavirus outbreak in the United States.
July 29 -
The housing agency's prior permanent chief, Brian Montgomery, left the position after he was tapped to become deputy HUD secretary.
July 28 -
The key word is "temporary" with the FHA's quality control waiver expiring and not likely to be renewed.
July 28
ACES Risk Management Corp. -
Fannie Mae and Freddie Mac have imposed heavy price adjustments for loans that were granted relief under the pandemic relief law enacted in March.
July 22 -
Mortgage applications increased 4.1% from one week earlier as consumers continued to pursue both purchases and refinancings even as conforming rates rose from their record lows, according to the Mortgage Bankers Association.
July 22 -
Strong growth in refinance volume following several weeks of so-so activity drove a 5.1% week-to-week increase in mortgage applications, according to the Mortgage Bankers Association.
July 15 -
The rise in late and suspended payments following the coronavirus outbreak in the United States may have helped the FHA realize it's high time to improve the process.
July 14 -
Mortgage applications to purchase new homes were up 54% compared to the same month the year before.
July 14 -
Down payment assistance programs remain an important tool for increasing minority homeownership, but especially more so because of the pandemic.
July 14
Mountain Lake Consulting -
The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.
July 13 -
As the coronavirus created uncertainty for the housing market, underwriting standards tightened further in June.
July 9 -
For the first time in three weeks, mortgage application volume increased, this time by 2.2%, as purchase activity was up in a holiday-shortened week, according to the Mortgage Bankers Association.
July 8 -
The court struck down a 2015 update to the Telephone Consumer Protection Act, which permitted robocalls to cellphones for government-related debt collection.
July 6 -
The $38.7 billion of equity withdrawn during the period was down 8% from the fourth quarter.
July 6






















