Origination

Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains

United Wholesale Mortgage allows the financing to be extended to borrowers with certain medical degrees with low down payments or potentially even none at all.

A potential end to the Iran War could lead to economic recovery, suggesting sub-6% rates may be far off as monetary policy discussions take a hawkish tone.

Guidance documents from the Consumer Financial Protection Bureau and Treasury's Financial Crimes Enforcement Network heightening bank scrutiny of individual tax identification numbers in mortgage applications could discourage banks from issuing those kinds of loans.

Social media has reshaped what buyers expect from starter homes, fueling a perception crisis, according to the SVP at Mphasis Digital Risk.

Active listings reached 1.4 million homes, a 4.3% increase year over year, while sales fell 1.2%, which came in better than expectations, Homes.com said.

Mortgage applications rose 3.8% on a seasonally adjusted basis from one week prior for the period ending June 12, according to the MBA's Market Composite Index.

The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.

The decline in non-owner occupied acquisitions came as sales fell overall due to high mortgage rates and bad winter weather in the Northeast, BatchData said.

The Fathom Holdings purchase bolsters the retail platform's ambitions to become a one-stop shop for all homeownership needs, Bed Bath & Beyond's CEO said.