Origination

A pick-up in home prices during spring buying season pushed the share of equity-rich households higher across the country, according to Attom.

The 30-year fixed rate mortgage was at its lowest level since early February as the benchmark 10-year Treasury dropped under 4%.

But the business unit of Intercontinental Exchange lost money on an operating basis for the eighth time in the last nine quarters.

The index of contract signings from the National Association of Realtors increased 4.8% to 74.3 in June, reflecting increases in all four major regions, the group said Wednesday.

The parent company of Newrez saw mortgage segment profits of over $200 million and the successful close of its merger with Specialized Loan Servicing in the second quarter.

Both purchase and refinance applications dropped, with borrowers potentially holding out for lower mortgage rates later this year, according to the Mortgage Bankers Association.

The lender denied its software uses artificial intelligence in fighting a 'digital redlining' case.

Higher interest rates over the spring applied some downward pressure on prices, which still managed to grow by over 4% in the first five months of the year, according to the S&P CoreLogic Case-Shiller Index.

Changes to the regulatory regime surrounding the Federal Home Loan banks should be carefully calibrated so as to do no damage to their successful support for housing and the provision of liquidity to members.