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The shift to higher-margin home purchase policies helped to boost results at First American, Old Republic and Stewart.
July 22 -
Sales of previously owned U.S. homes rose for the first time in five months in June as housing inventory improved slightly, illustrating the strength of housing demand.
July 22 -
A rise in coronavirus cases and the removal of a 50-basis-point adverse market fee designed to protect Fannie Mae and Freddie Mac during the pandemic contributed to the largest weekly drop so far this year.
July 22 -
The relatively low share of borrowers who were distressed in June adds to signs that the offramp from government relief measures may not lead to an overwhelming wave of foreclosures.
July 22 -
As the distribution of at-risk housing markets spread across more states quarter-over-quarter, vulnerable clusters remained around Chicago, New York and Philadelphia, an Attom Data report finds.
July 22 -
Regulators should create a simple liquidity formula that allows the secondary market to function rather than using depository rules as a model, writes the head of Whalen Global Advisors.
July 21
Whalen Global Advisors LLC -
The meager increase suggests the largest boost in inventory possible would likely still leave the backlog of homes on the market at historic lows.
July 21 -
More units sold above asking price as skyrocketing home values pushed consumers out of the single-family market, according to Redfin.
July 21 -
While the unit saw a bigger increase in purchase volume compared to its competitors, net income, loan sales margins and total volume was lower compared with prior periods.
July 21 -
Despite lower numbers, refi applications continued trending strongly, while purchases fell close to lows from more than a year ago.
July 21 -
The cloud IT provider for settlement services companies has no timeline on when services will be restored following its shutdown Friday.
July 20 -
The Office of the Comptroller of the Currency confirmed it will rescind an unpopular rule overhauling the Community Reinvestment Act and joined other agencies in calling for a renewed interagency effort.
July 20 -
The Rhode Island bank endured a sharp decline in fee income from home loans, which had spiked earlier in the pandemic. But CEO Bruce Van Saun says the company is well positioned as the refinancing boom fades and the home purchase market becomes more important.
July 20 -
Meanwhile, the average new-home mortgage price climbed to a new all-time high, according to the Mortgage Bankers Association.
July 20 -
White Americans are more likely to benefit from generational wealth when purchasing property.
July 20 -
Graham Steele, a former Senate Banking Committee staffer who has supported strong regulation, was named as the administration's choice for assistant secretary of financial institutions.
July 20 -
As rising home valuations force first-time home buyers out of the market, expect to see non-owner-occupied loans to increase.
July 20 -
Initial home construction rose 6.3% last month to a three-month high, according to government data released Tuesday.
July 20 -
The cloud-based mortgage software company plans on trading on the New York Stock Exchange with a starting price of $24 to $26 per share.
July 19 -
The adverse market fee change could contribute to an increase in refinance volume, adds Mortgage Bankers Association economist Mike Fratantoni.
July 19























