Origination

As President Biden tries to revive a key campaign promise to provide widespread debt relief to student-loan borrowers after a Supreme Court setback, legal experts warn that he's likely to encounter a fresh wave of lawsuits challenging his authority to act without congressional approval.

The industry veteran, who most recently ran Finance of America, is advising mortgage shops on how to survive a mortgage contraction.

The transaction for the lending specialist ends a joint venture with Serva, which is a relocation services company.

While the possibilities for artificial intelligence's applications are vast, mortgage shops today are focused on having it identify borrowers who are in the market to purchase a property, according to a report from Stratmor.

The latest quarterly increase in revenue comes as other reports show home values heading upward and affordability declining.

The qui tam suit filed in 2018 alleged errors in government loan submissions all the way back to 2008, the year it was founded.

Some pandemic-related gains have been ceded to depositories, national numbers from last year's Home Mortgage Disclosure Act reporting confirm.

Those living in San Francisco and New York want to switch cities in higher proportions than ever before, the brokerage and search platform found.

We surveyed 87 professionals at mortgage companies to find out what's on their tech agenda for this year, including investment plans and thoughts on transformational tools. Here's what we found out.

More than one-third of average wages is now needed for borrowers to make regular payments on the typical home, according to Attom. Meanwhile, the Mortgage Bankers Association found monthly costs rose 14% annually.