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Intercontinental Exchange is leveraging the recent acquisition of Black Knight in new business partnerships announced at its annual mortgage conference.

It will take time for the banking industry to work through issues with CRE loans, Brian Moynihan says in discussing the aftermath of last year's banking crisis and New York Community Bancorp's recent warning about its exposure to troubled debt.

The racial gap in first-time buyers' ability to maintain their status as owners has also narrowed over the last two decades, the agency's researchers reported.

Even with the recent pickup, builder sentiment may remain below its longer-term average until borrowing costs fall more significantly.

While the GSE searches for a permanent successor, Hutchins will also serve concurrently in his role as president following Michael Devito's departure on March 15.

While prices for concrete, steel and gypsum products all increased, softwood lumber declined, the National Association of Home Builders said.

A legal action accuses the department of not automatically refunding mortgage insurance premiums when a borrower terminates their FHA-insured mortgage early.

Federal Reserve officials have hammered home the importance of bank readiness to borrow from the discount window. Getting banks to actually do so may require the Fed to make structural improvements to the system.

A greater number of refinances, particularly in the government market, led overall volumes higher, the Mortgage Bankers Association said.

The lender and servicer is still in the red but trimmed its expenses, and overall losses, significantly in 2023.