Origination

Home Depot's bleak forecast provides another warning about the strength of US consumers in the absence of official economic data during the US government shutdown.

Application error findings rose over 15%, the second quarter in a row they have moved higher, the post-closing file review from Aces Quality Management found.

Quality Control Advisor Plus is an integrated system which brings together previously separate units, cutting months off of Freddie Mac's current QC process.

New-home mortgage applications dropped, but the annual sales pace was the strongest in over a year, the Mortgage Bankers Association said.

Federal Reserve Governor Lisa Cook's legal team argued in a new letter to Attorney General Pam Bondi that the claims "fail on even the most cursory look at the facts."

The bank is adding trusted contacts, specialized teams and new tech against scams, but consumer advocates say reimbursement is the key missing piece.

While Fitch and Kroll have differing views on mortgage rates next year, both are looking for mortgage delinquencies to rise in their rated portfolios.

The fintech had over $2 billion in home equity line of credit volume in the third quarter and reported growing production in its crypto and non-QM offerings.

With the increase in investor-owned properties, the risk of undisclosed real estate fraud, including occupancy misrepresentation, rose 9% in the third quarter.

The hidden costs of homeownership total nearly $16,000, rising 4.7% in the past year.