Origination

Warburg Pincus has agreed to buy a majority stake in a mortgage and consumer loan origination and servicing platform owned by Fiserv.

From insights about borrower payment preferences to new automation assisting with natural disaster recovery efforts, here's a roundup of news coming out of the Mortgage Bankers Association Servicing Conference.

Even as rates hit their highest levels in nearly four years, mortgage application volume increased compared with one week earlier, according to the Mortgage Bankers Association.

Detroit's residential property values have risen for the first time in at least 17 years, with nearly 60% of residents seeing their 2018 assessments increase.

Housing sales in the Chattanooga area continued their eight-year climb last year, rising to another record high in 2017 even with higher home prices and fewer houses for sale.

Recent stock market volatility may further constrain jumbo lending, while inflation concerns have lenders paying close attention to rising mortgage rates.

The 55+ housing market ended last year's fourth quarter strong, with builder confidence in the single-family market hitting a record high, according to the National Association of Home Builders.

Houston-area builders will start construction on more homes this year, but labor shortages, increased material costs and rising mortgage rates could present challenges to the industry.

Likely changes to the National Flood Insurance Program are poised to raise costs for many Jersey Shore homeowners, perhaps substantially.

Home prices will continue to increase this year, albeit at a slower pace, as inventory is expected to remain tight and demand will continue to rise.