Origination

While some in the industry support the change, mortgage broker trade group AIME called on the agency to reconsider it.

Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected, with some policy makers also favoring starting to shrink the balance sheet soon after.

The credit bureaus plan to add repayment data for installment loans, a move that can inform credit decisions and help answer regulators' questions about how such borrowing affects consumers' financial health.

The division will focus on short-form video favored by emerging homebuyers.

Refinances also decreased, with rising rates contributing to the slowdown.

Originations of home equity conversion mortgages surged nationwide at the end of the year, with December numbers near a 4-year high.

For the past five months, single-family house prices were up by at least 18% compared to monthly averages in 2020, but by next November, increases should sink below 3%, CoreLogic said.

A chaparral-covered patch of land in southwest Riverside County could soon become a testing ground for a new housing concept.

The metric’s imminent end after more than 40 years means servicers need to put replacement plans in motion if they haven’t already.

The Secured Overnight Financing Rate has benefited — amid the phaseout of Libor — from positive comments by regulators. Is a multirate environment, which some banks would prefer, still possible?