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But some local markets in the Midwest and oil regions are seeing a lag compared to nationwide annual gains, Veros Real Estate Solutions found.

Officials responded to a more elevated outlook for prices by penciling in two interest-rate hikes for 2023, according to the median of their projections, while seven of 18 wanted to raise interest rates next year.

The White House's firing of Federal Housing Finance Agency Director Mark Calabria sparked immediate speculation about who will run the agency and help chart the future of the two mortgage giants. Potential nominees include ex-Obama administration officials, congressional staffers and members of the Biden transition team.

It will be several years before business and group travel return to normal levels, according to an estimate from the American Hotel & Lodging Association.

The company has seen business ramp up as servicers have sought additional help managing escrowed funds following last year’s refi boom.

The dynamic between housing market players diverged to an even greater degree amid intense demand and surging home prices, according to Fannie Mae.

This is the second acquisition in the private equity firm’s newly established technology vertical.

Government-sponsored loans gain volume share, but overall numbers tumble to a point not seen since before the pandemic.

A Virginia-based builder announced a line of manufactured housing that features clean energy technology, reduced waste and “plug-and-play” assembly.

Rebounding employment brought total forborne mortgages under 2 million, according to the Mortgage Bankers Association.

The $16 billion Champion Mortgage portfolio sale follows Ocwen Financial’s purchase of different assets from MAM a few weeks prior.

The company is looking to sell 20 million shares, with a 3 million underwriters' option, at between $16 and $18 per share.

The cost of renting a home is soaring in cities across the U.S., squeezing the finances of low-income households and posing a threat to the consensus that pandemic inflation will soon fade away.

The lack of a stabilizing force in the commercial real estate mortgage business is creating one of the most significant threats the lending industry faces, writes the CEO of Cirrus.

The city's office vacancy rate rose to 20.1% in the second quarter despite an increase in leasing activity.

Also: Former Zillow execs launch mortgage fintech, housing inventory inches up as lumber prices tumble.

The number of grievances about evictions and federal student loans declined between January 2020 and May 2021. Nonetheless, the Consumer Financial Protection Bureau warned financial firms that poor customer service can undermine government efforts to provide aid.

After lumber futures skyrocketed to an all-time high in mid-May, prices fell by more than half at the end of June.

Even though the channel helped the bank do over $2 billion in business last year, going forward it will produce loans through the traditional retail business.

The plateau in non-depository estimates for new jobs in the field reported Friday follows anecdotal accounts of reorganization by banks and nonbanks in the past week.