Origination

Local mortgage lenders give their boots-on-the-ground perspectives about the ZIP codes with 2021’s shortest list-to-sale times, according to Realtor.com.

The Federal Housing Finance Agency in the Trump administration had been preoccupied with Fannie Mae and Freddie Mac’s capital position. Acting Director Sandra Thompson has shifted the agency’s focus to affordable housing and fair lending.

Despite “color blind” underwriting algorithms, loan denial rates on mortgages that were not backed by the Federal Housing Administration and the VA skewed heavily toward minority groups, according to a study by The Markup.

Saying landlords were suffering “irreparable harm,” the conservative-controlled court ruled late Thursday that the U.S. Centers for Disease Control and Prevention lacked authority to impose the moratorium under the decades-old federal law the agency was invoking.

Increasing COVID-19 numbers offset promising economic figures, resulting in minimal changes.

In addition to the incentive, Neat Capital in Colorado mandated that its employees get inoculated against COVID-19.

Purchases and refinance activity both edged higher, as loan sizes decreased, signaling opportunities may exist for first-time buyers.

Even as lenders increased purchase share, higher expenses and margin compression related to pricing competition led to smaller quarterly net gains.

Purchases of new single-family homes increased 1% to a 708,000 annualized pace following an upwardly revised 701,000 in June, government data showed Tuesday.

The company is divesting itself of another piece of Xome after previously peddling Title365 to Blend Labs.