The mortgage industry has endured a difficult couple of years following record volumes in 2021 and consequently investment in new technology has been slow, with
For more on these stories and other trends, read our roundup below.
The Federal Housing Administration is moving to the same standard for the new Uniform Residential Appraisal Report that the conforming market is adopting.
The amount was less than $1 million, but the plot reveals clues that can help spot and fight elderly abuse and other financial crimes.
Borrowers argued the servicer's $25 charge for expedited payoff quote statements is a "junk fee" and violates federal and state consumer protection laws.
The increase in purchase volume was not enough to offset the drop in refinance application submissions as conventional rates increased week-over-week.
The government-sponsored enterprises' oversight agency will require the merging mortgage giants to have "appropriate financial and operating safeguards."
Data suggests that the beleaguered commercial real estate market isn't going to get worse. And now that banks have had time to build reserves, any losses they do take shouldn't be disastrous, analysts say.
