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Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.
June 7
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It’s the one consumer loan category where balances continue to fall, and disruption from nimbler fintechs is a big reason why. To win back market share, banks will need to beat the upstarts at their own game.
June 7
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The use of financing to buy fix and flip properties increased 35% annually by dollar volume to its highest level in nearly 12 years, according to Attom Data Solutions.
June 7
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After a sustained downward trajectory, nondepository mortgage companies added 1,200 workers in April, a modest boost for lenders during prime season for the housing market.
June 7
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Freddie Mac plans to introduce a mortgage this month that will simultaneously finance the purchase price of the home and improvements that will be completed after closing with a single loan.
June 7
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Median sale prices for Oahu homes dipped last month in what continued a trend this year of light, mostly downward movement for the broad measure of Honolulu housing costs.
June 7
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The Puget Sound housing market continues to splinter into hot and cold sectors — with substantially more heat the farther south you move — but the trend may be moderating as buyers and sellers adjust their expectations.
June 7
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Mortgage industry hiring and new job appointments for the week ending June 7.
June 7
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The agency's vote Thursday threatens to block many of the industry's communications with customers, though banks did win one concession.
June 6
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While home equity gains realized their lowest increase since 2012, the first quarter's rate still helped pull borrowers from underwater as the equity total compiled $5.6 trillion in seven years, according to CoreLogic.
June 6
