Organization Root Tag

The inspector general linked the problems to staff turnover and recommended improvements to policies around documentation that the housing agency agreed to make.

Past disclosures about the lender's numbers aren't in question but its acquirer's are, according to new filings.

Purchase applications increased again, but changes in home prices and interest rates are bringing only limited affordability relief.

Companies like U.S. Bancorp have found ways to apply the information they use to serve thin-file applicants to small-business owners and other borrowers.

The share of women property holders fell four percentage points from the prior year, according to Zillow

The Federal Reserve wants a smaller balance sheet to help rein in inflation. But uncertainty in the banking system is pushing it in the opposite direction.

The agency, which oversees government-related investors that set underwriting parameters in the U.S. mortgage market, estimates the process will begin in 2024.

As application volumes increased, loan sizes also surged, with average purchase amounts now at a 2023 high, according to the Mortgage Bankers Association.

Economists have warned since last summer that speedy monetary tightening could be destabilizing. This week, the Federal Reserve will decide whether to stay on that course.

In prepared remarks to the American Bankers Association, Treasury Secretary Janet Yellen says the government's intervention to cover uninsured deposits at Silicon Valley and Signature banks "reduced the risk of further bank failures."