Origination

Broader hiring remained relatively strong and unemployment fell to a pandemic low during March, but a yield curve inversion — which can signal a recession — is concerning some.

Questionnaires sent to banks in recent months seek information about loans to same-sex couples, women on maternity leave and people with limited English proficiency. Industry executives and attorneys say the Consumer Financial Protection Bureau may be offering hints about specific types of fair-lending cases it could pursue.

Lawmakers during a committee meeting on senior housing doubled down on past arguments blaming investors and government spending for the nation’s tight market.

The new futures contracts can be used to mitigate risk on both the origination pipeline and the mortgage servicing portfolio.

The company, which returned to the business at the end of 2016, is looking to be in all 50 states by the end of the year.

The scheme highlights a risk that could grow as distressed borrowers exit forbearance.

The 30-year average passed the 4.5% mark for the first time since January 2019 as the labor market tightened and prices rose.

Down payment assistance programs allow lenders to take concrete action to promote the Mortgage Bankers Association's "Home for All" initiative. Chrane details the issues to navigate in using them.

While the intensely competitive market has deterred some from looking for a place to move to, rising valuations allow for more funds to be accessed to pay for repairs.

But the sluggish pace of refinances brought down overall application numbers last week.