Origination

Vaccinations and a third round of stimulus payments are boosting consumers views on the housing market, according to Fannie Mae.

As vaccinations proliferate, homeowners who held off during the pandemic are finally gearing up to list their properties, a recent survey finds.

Mortgage rates that are rising in tandem with a recovering economy dampened borrower activity, even with prime homebuying season underway.

The inevitable cancellation of the takeover transaction by China Oceanwide means Genworth will be spinning out a portion of its U.S. mortgage insurance business.

That means depreciation is a risk that could creep back into some regions, potentially requiring lenders and government-related agencies to consider it when setting down payment requirements or managing loan workouts once forbearance ends.

Banks can mitigate damage from slowing origination activity by putting excess cash to work, Keefe, Bruyette & Woods said.

One year after its internal merger, the fintech and fulfillment services provider’s COO Debora Aydelotte discusses the company’s support for community banks and its placement in the ranking of Best Fintechs to Work For.

The SmartBuy program, offered by the Illinois Housing Development Authority, has drawn interest from out-of-state buyers too.

Increasingly extreme weather patterns and natural disasters weigh heavy on the majority of borrowers looking to buy a house, while half will move because of it, according to Redfin.

The increase won’t hurt the incentive for the average home shopper, but it means those who were looking to “buy the dip” in prices amid the pandemic may have missed their chance.