Origination

Jumbo and adjustable-rate offerings increased during the month, but that was offset by a decline in government loans, leading to an overall drop in MBA’s credit availability index.

The company will also shed real estate, reduce marketing expenses and restructure its operations as part of a three-year plan.

Soaring housing prices and inflation are making it more difficult to buy a home, which could cool the San Antonio area's sizzling real estate market.

Ryan Donovan, a longtime credit union advocate and executive vice president of the Credit Union National Association, will officially succeed John von Seggern on Sept. 6.

Intercontinental Exchange's move to acquire Black Knight and Lower's purchase of Hamilton Home Loans are just some of the latest developments to monitor in the space.

At least 300 workers were told they were terminated in a videoconference last week that ended abruptly and they were not given information about severance, according to the lawsuit.

Higher rates are also affecting the share of loans that actually go all the way to closing, Black Knight found.

The affordability crisis is giving buyers more reason to exit contracts, another sign of a cooling market.

The company’s introduction of other strategic initiatives, including a new technology partnership, will lead to the elimination of 17% of current staff.

The move aims to help workers who experienced interruptions in employment due to the public health emergency qualify for Federal Housing Administration-insured mortgages.