Origination

The lender had previously revealed that personally identifying information from 16.6M customers had leaked, but hadn't offered these details.

Prices nationally rose 5.5% from a year earlier, according to data from S&P CoreLogic Case-Shiller.

Lowe's Cos. said its sales will fall further this year as consumers continue to hold off from sprucing up their homes amid higher mortgage rates and a drop in new construction projects.

The top five lenders have an average mortgage origination volume of more than $7.4 billion.

The volume of active for-sale condo listings in the Sunshine State increased by 40% last month compared to a year earlier, Redfin said.

While mortgage volume should rise this year, the government-sponsored enterprise expects slightly less activity than it did back in January.

Sales of new homes in the U.S. edged higher in January as builders and buyers capitalized on lower mortgage rates at the start of the year.

Despite limited inventory and rising prices, buying interest appears robust heading into peak season, but lenders are likely to find a more discerning consumer.

Across the nation, over 700,000 Black families are "income mortgage-ready," or able to spend 30% or less of their income on a home loan for the typical house in their local market.

Property lenders have often been willing to work with borrowers since the pandemic upended commercial real estate. Increasingly, their patience is running out.