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New American Funding, Lower and FirstSun Capital among purchasers in recent M&A deals within the mortgage space.
February 26 -
Despite limited inventory and rising prices, buying interest appears robust heading into peak season, but lenders are likely to find a more discerning consumer.
February 26 -
The top 3 cities have an average median listing price of $217,967.
February 22 -
The world's largest credit union said that Dietrich Kuhlmann, a retired rear admiral and currently the institution's chief operating officer, would succeed retiring CEO Mary McDuffie on March 1.
February 21 -
Each state was rated on a number of factors in five categories, including affordability, overall well-being, quality and cost of healthcare, weather and crime.
February 20 -
Litigation in the mortgage industry sees lenders and servicers featuring as both plaintiffs and defendants.
February 20 -
Heartland Tri-State Bank, which failed after its CEO allegedly embezzled money to fund cryptocurrency investments, had received $21 million in advances from the Federal Home Loan Bank System.
February 12 -
The five states with the lowest average realtor commission have an average rate of 4.94%.
February 12 -
Institutions obtaining financing from the FHLB that's secured by their mortgages can now use the advanced score to underwrite collateral loans.
February 12 -
The Federal Reserve expects to cut interest rates three times this year, some say as early as March, if data alllow those moves. Following the Jan. 30-31 FOMC meeting, Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions, will provide his take on the meeting and Chair Jerome Powell's press conference.
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The top five states have an average realtor commission rate of 6.04%.
February 8 -
The top five states have an average number of home improvement loans for every 100,000 owner-occupied housing units of 688.5 and an average loan amount of $119,973.
February 5 -
With tougher capital requirements looming, a number of regionals including U.S. Bancorp, Huntington and Santander are using these new instruments to share risk with nonbank investors and lighten their capital load. Experts point out the pros and cons.
February 1 -
Dark Matter CEO Rich Gagliano and CRO Sean Dugan join National Mortgage News to discuss how they're thinking about Empower pricing, new products and other key issues in mortgage technology in this livestreamed discussion.
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January 26 -
The real estate markets where prices are expected to rise the most this year will see an average increase of 5.14%.
January 23 -
The median listing price per square foot changed an average of 11.04% from one year to the next in the top five metro areas.
January 19 -
Properties in the top three ZIP codes are seen by an average of 4.5 times more unique viewers than the typical property in the U.S. and spend an average of 16.3 days on the market.
January 17 -
The Seattle bank's stock price fell in 2023 amid concerns over rising interest rates and its concentration of multifamily loans. The buyer is FirstSun Capital Bancorp, which raised $175 million as part of the deal.
January 16 -
Home buyers appear to place the highest priority on affordability, with cities in the Midwest and Northeast taking the majority of top spots on Zillow's list.
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