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Agency MBS investors have had limited information about primary loans coexisting with home equity products, and may want to get more now, according to Experian.
March 11 -
A near-record share of homeowners unable to sell their properties are renting them out instead, with "accidental landlords" accounting for 2.3% of listed rental stock in October, per Zillow data.
March 11 -
Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.
March 11 -
Radian Group was looking to sell the aggregator, along with its title and real estate units, following a business model pivot related to the Inigo buy.
March 11 -
Some of the best mortgage companies to work for discuss how they incorporate community service in their plans and the resulting business and personnel benefits.
March 11 -
The increase in borrowing costs coincides with a sharp rise in the 10-year US Treasury yield, which is correlated with mortgage rates, as war with Iran disrupted oil flows and sparked concerns about inflation.
March 11 -
On an adjusted basis, reverse mortgage company Finance of America reported $14 million in net income, down from $33 million in the third quarter.
March 11 -
CEO Anthony Hsieh said refinances should provide notable benefit to its direct lending unit a day after LoanDepot announced a return to the wholesale channel.
March 10 -
Nonagency underwriting is expanding but the public sector is a different story due to recent performance issues, according to the Mortgage Bankers Association.
March 10 -
Several mortgage wholesale and partnership channel announcements came out coincidentally following loanDepot's return to the broker channel.
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