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Mortgage technology company Ellie Mae, which was recently bought by private equity investor Thoma Bravo, underwent restructuring and reduced its staff by 10%.
May 17 -
Housing finance reform cannot be piecemeal, but must be done using a comprehensive approach, an independent mortgage banker says.
May 17
Hallmark Home Mortgage -
His administration is looking at different alternatives to reform the housing finance system.
May 17 -
BB&T's acquisition of SunTrust may make the combined company more of a contender in regional metro-area commercial mortgage lending, according to data provider CrediFi.
May 17 -
President Trump's tax reform package had an impact on nearly half of potential buyers searching for a new home, nine percentage points less than one year ago, according to a new Redfin survey.
May 17 -
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
May 17 -
The market for non-qualified mortgages has been robust thus far in 2019, offering a pragmatic option for otherwise viable borrowers, as long as lenders stay vigilant about pushing the envelope too far.
May 17 -
The price of a new home in Houston rose slightly in April, while the number of pending new-home sales dropped in Houston and other large Texas metros.
May 17 -
The median price of a home sold in metro Atlanta in April was just 3.7% higher than the same month a year ago, according to a report from the Atlanta Realtors Association.
May 17 -
Mortgage industry hiring and new job appointments for the week ending May 17.
May 17 -
Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.
May 16 -
Craig Phillips, who has been developing the Trump administration's plan to help free Fannie Mae and Freddie Mac from conservatorship, will leave Treasury next month.
May 16 -
Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.
May 16 -
An institution that services housing finance authority loans is putting $2.65 billion in servicing rights from Washington state up for bid through the Mortgage Industry Advisory Corp.
May 16 -
Mortgage activity plunged before the start of the year, but subprime originations dropped the least, according to TransUnion. Despite dwindling volume, borrower delinquency rates hit historic lows in the first quarter.
May 16 -
Mortgage rates descended through the onset of spring's home buying season, pushing up the share of refinance loans and volume of new-home purchase applications, according to Ellie Mae and the MBA.
May 16 -
Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.
May 16 -
The housing slowdown is turning out to be a gift to apartment landlords. After all, those people who aren't buying still need somewhere to live.
May 16
























