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Closed-end home equity volume was up 13% year-over-year in the fourth quarter, outpacing HELOCs originations, which only grew 8%, TransUnion reported.
June 4 -
Two- to 10-year yields reached the lowest levels since at least May 9 after the ISM Services gauge for last month signaled contraction for the first time since last June.
June 4 -
The publicly traded firm said it anticipates more deals after making its first loan to a developer for $32.7 million, which will support 156 homes in Houston.
June 4 -
The Mortgage Bankers Association's index of applications for home purchases decreased 4.4% to 155 in the week ended May 30, which included the Memorial Day holiday.
June 4 -
The volatility pushed whole loan spreads wider and brought single-asset single-borrower commercial mortgage-backed securitization to a halt as lenders waited for clarity.
June 4 -
The software firm will employ Wolters Kluwer's technology that allow it to offer hybrid closings as well as remote online notarizations through its platform.
June 3 -
The top five lenders had an average retail mortgage origination volume of more than $5 billion, as of the end of the first quarter of 2025.
June 3 -
The product, as well as the housing market, is different today than what it was two decades ago, where some feel it was a cause of the financial crisis.
June 3 -
The Department of Justice is seeking to terminate a Biden-era lending discrimination settlement with Lakeland Bank. Last month, the DOJ took similar action in a case involving Mississippi-based Trustmark National Bank.
June 2 -
The combined prices of properties on the market for more than 60 days currently make up close to half of total unsold dollar volume, according to Redfin.
June 2