Special Program Root Tag

The Treasury Department told the OMB that all 11 programs in the CDFI Fund are statutorily mandated. The White House said "no final decisions have been made" about the programs.

Once regulatory clarity emerges, the home equity investment space will attract more investors and potential new originators, a panel of industry experts said.

The typical homebuyer's monthly mortgage payment reached a record high, up 5.3% year-over-year, but consumers are putting more money down, adding to equity.

Uncertainty is ruling the markets that are used to set mortgage rates and as a result, they remained in the same tight range since the start of the month.

Here's what mortgage professionals should know about Rocket's rebranding, its $1.75B play for Redfin, dropped CFPB lawsuit and more.

The top five insurance companies have an average homeowners market share of 9.15% as of December 31, 2024.

Self-directed IRAs and non-recourse loans open doors to real estate investing without the restrictions of traditional financing.

Nearly all respondents to the NextGen survey, Gen Z and millennial, said they want to achieve homeownership, but only about 60% considered it possible.

Learn how bridge loans and hard money loans work, their pros and cons, and discover which option suits your needs.

The so-called spec home, a spin on the American dream home with standardized color schemes and toilet fixtures, is falling out of favor with some US builders.

Recruiting veterans urge originators to track their future employer's pricing for a longer period of time, and to seek more details about the firm's culture.

A recent American Bankers Association survey showed improvement since 2022, but overall scores are still lower than in 2020 and gaps widened between providers.

Effective March 18, the department is retracting eligibility for non-citizens, it announced.

While ending mandated consumer rights, lenders can still ask for a reconsideration of value on FHA loans; plus, fair lending laws still apply in these cases.

Get expert analysis of the May FOMC meeting, inflation outlook, and Powell's comments.

The top five banks had a combined unpaid principal balance of more than $26 billion at the end of Q4 2024.

Rising insurance costs are leading providers and condo associations to consider changes to policies that would make some loans ineligible for GSE sale.

President Donald Trump's executive order severely limiting the Treasury's Community Development Financial Institution Fund has thrown the industry into confusion as financial companies try to quantify the damage.

Spending cuts at the Consumer Financial Protection Bureau are the latest in a rash of reductions at the agency, complicating the regulatory future.

The provisionally approved rate hike would provide financial relief to State Farm's California subsidiary, which has said it needs to shore up confidence with solvency regulators and ratings agencies.