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However, while the "market share" analysis is a useful check on the reasonableness of benchmark levels, it is impacted by any errors in the HMDA data, notes a former principal economist at the Federal Housing Finance Agency,

While it isn't a partnership between the firms, Amazon Web Services powers the loan origination system for the lender, which has funded over $1 billion in mortgage volume with the online retail giant's workers.

As many had predicted, the federal regulator will be seeking to halt the acquisition by Intercontinental Exchange, according to a report from Politico.

The California-based lender will also have to pay a $1 million penalty

The closely watched case — which goes to the heart of how the Consumer Financial Protection Bureau operates — could have a huge impact on consumers, the agency and the many industries it oversees and those it seeks to regulate.

Overall, depository share has shrunk, but the major player, which had reduced its involvement, has been increasing it and recently shared some thoughts with a HUD official.

Reducing access to funding would harm both homebuyers and communities across the country.

But even if plowing back into Treasuries proves to be a winning trade, sticking with it won't be for the faint of heart. 

Depending on the down payment, borrowers could see a .15% to .30% decrease

New starts increased for the fourth month in a row, but are still below pre-pandemic numbers, according to Black Knight's preliminary figures.

The Consumer Financial Protection Bureau has taken an important step in saying that it would work to root out unfair practices in all banking services. This is will help ensure all customers are treated fairly.

Persistent inflation concerns drove the 30-year average up 41 basis points this month.

The biennial inquiry comes at a time when many are questioning the use of Federal Home Loan bank advances and the system's overall impact on housing.

The cuts add to thousands across the home-lending industry in recent months after the Federal Reserve raised interest rates and cooled what had been a red-hot housing market.

Volumes fell 18% compared to the previous week, while refinance activity also pulled back.

Despite a likely recession, researchers at the government-sponsored enterprise revised volume forecasts upward for both 2023 and 2024, while originators also entered the year expecting their business to improve.

Interest rate increases and economic concerns led the government entity to lower the required amount from $1 million to $250,000.

The government set forth five principles companies should follow when they use artificial intelligence. Chintan Mehta, CIO of strategy, digital and innovation at Wells Fargo, shares how one of the largest banks does it.

Cleveland Fed president says the central bank is still raising rates to a level that's high enough to bring inflation down to the target.

The company's shares jumped after it reported quarterly revenue that wasnhelped by a better-than-expected period for its core advertising business.