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Offerpad claims its upcoming program can help homebuyers move into a house within 24 hours of finding it, while the industry average move-in and closing time sits at 43 days.
September 13 -
While there was a slight rise in foreclosure filings in August over July, there was a decline when compared with the previous year for the 14th consecutive month, according to Attom Data Solutions.
September 13 -
A mere 7-basis-point increase in interest rates reduced what was a record-high number of borrowers with refinancing incentive by 2 million in a matter of days, according to Black Knight.
September 13 -
California Attorney General Xavier Becerra filed a brief Thursday in support of Oakland's lawsuit against Wells Fargo, alleging that the bank illegally discriminated against minority borrowers.
September 13 -
The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.
September 13 -
Colorado Springs' four-month streak of record-setting home prices was snapped in August, but local buyers still are paying more for housing than last year, a new Pikes Peak Association of Realtors report shows.
September 13 -
Mortgage industry hiring and new job appointments for the week ending Sept. 13.
September 13 -
Whether Congress and/or the mortgage industry is able to untangle two opposing threads in the Trump administration's plans is anyone's guess.
September 12
Whalen Global Advisors LLC -
Deutsche Bank is cooperating with the Justice Department's antitrust investigation into whether several of the largest global banks conspired to rig trading in unsecured bonds issued by Fannie Mae and Freddie Mac.
September 12 -
An indictment unsealed in a Brooklyn federal court alleged four New Yorkers and one Floridian misled mortgage companies, the government-sponsored enterprises and a government agency regarding short-sale property prices.
September 12 -
The Digital Mortgage Conference is heading back to Las Vegas on Sept. 23-24 to tackle technology across all sectors of the market. From a live demo competition to innovative insights, here's what to expect at this year's event.
September 12 -
Mortgage credit availability tightened in August by the most since the end of last year, even though falling interest rates sparked a strong uptick in refinancings, the Mortgage Bankers Association said.
September 12 -
The Supreme Court may be closer to examining a key restraint on a president's ability to change CFPB leadership.
September 12 -
Mortgage rates rose seven basis points compared with the prior week, but remained below 3.6% over four consecutive weeks for the first time since the fourth quarter of 2016, according to Freddie Mac.
September 12 -
Digital mortgage strategies do more to support loan officers than some people think, according to Tom Wind, executive vice president of consumer lending at U.S. Bank.
September 12 -
South Florida is the nation's capital of mortgage fraud, property data firm CoreLogic says.
September 12 -
Summer sales of single-family homes in Thurston County, Wash., ended with a bang in August as sales nearly matched last year's red-hot results and the median price climbed almost 10% over August 2018.
September 12 -
Credit decisions were a natural place to start with artificial intelligence, but now banks and credit unions are taking the technology to all parts of their businesses.
September 11 -
Stearns Lending canceled plans for an auction after almost two-thirds of its noteholders approved a bankruptcy reorganization proposal that would solidify Blackstone's ownership of the company.
September 11 -
A swell of refinance demand amid a low mortgage rate environment pushed lender profit margin outlooks to the highest level since the first quarter of 2015, according to Fannie Mae.
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