Origination

However, the number of borrowers who failed to remit payment but were not yet 30 days overdue increased.

After two straight months on an upward trajectory, rising interest rates pushed homebuyer demand down to a third of where it stood at the start of 2021, according to Freddie Mac.

Known for giving away its signature canary-hued Converse to employees and clients, this small API-centric fintech is poised to become a significant player in open banking thanks to parent company Mastercard and its vendor status with Fannie Mae and Freddie Mac.

But private mortgage insurers should not see significant impact on business if a 25 basis point reduction were to occur sometime after 2021, according to BTIG.

Ballooned home prices and a dearth of options deterred February 2021 sales, according to the National Association of Realtors

In an increasingly volatile market, lenders need to come to terms with the fact that outsourcing might be the best option, writes Rob Wilson of Merchants Mortgage.

While there were fewer new mortgages sought on a week-to-week basis, the index was higher than it has been during the same week in the last two years.

Point of sales providers are bringing improvements to their systems as loan officers look for ways to keep their pipelines active.

As home values surged at record highs, the latest month-to-month movements indicate price growth could start returning to a pre-pandemic pace, according to the Federal Housing Finance Agency.

About 3.4 million renters believe themselves to be at risk of eviction, but when the moratorium ends, the actual number may be between 130,000 and 660,000, according to a Zillow report published Monday.