Origination

A new group called MoreThanFair aims to establish the lines between fair and unfair lending, to set best practices for the use of AI in lending and to lessen the stigma of fintech lenders.

August's 0.3% drop in prices from July was the largest in 11 years, according to the raw Zillow Home Value Index.

A gauge of U.S. homebuilder sentiment declined for a ninth straight month in September as mortgage rates continued to climb, further accelerating the housing-market cool-down.

No U.S. region reported growth in issuances, with the number falling off the most in the Midwest.

Roughly 16% of home loan borrowers likely have education debt, less than one-third of those may be distressed, Mr. Cooper executives told investors at a conference this week.

The one-percentage-point reduction will be funded in the direct-to-consumer channel . through a Rocket escrow account

A piece of legislation cleared the House this week that would allow for so-called "desktop appraisals" on properties financed by government-backed veteran loans.

The option can be efficient but companies have to figure out who will handle the additional property data collection, panelists at the Digital Mortgage Conference said.

The average accepted offer was one percentage point lower than the listing price, a Remax study found.

Some predict that by the middle of next year, the 30-year fixed could be priced 150 basis points lower.