Origination

Lower rates brought some purchasers back to the market in November but activity remains lower than one year ago, the Mortgage Bankers Association said.

New U.S. home construction continued to decline in November and permits plunged as high borrowing costs paired with widespread inflation eroded housing affordability and demand.

Title insurers are lobbying Congress eliminate alternatives to their products, writes the founder of iTitleTransfer.

But the lower rates of the past month did result in a $7-billion boost to its origination forecast for 2022.

U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in over a decade outside of the pandemic amid elevated mortgage rates and high construction costs.

The two companies will bring close to 60 new employees to the Philadelphia-based lender.

The share of single-family constructions located in homeowner's associations grew to over 67% in 2020, according to the National Association of Home Builders.

Baby boomers downsizing, millennials entering their prime homebuying years and Gen Zers going for luxe rentals in trendy cities are among the trends to watch.

Back in 2018, Trump Administration officials attempted to have the case dismissed but the federal court system rejected its petitions.

The restrictions may be of interest to mortgage lenders who look to right-size by having more people multitask.