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The agency is disclosing the percentage of unpaid principal balance held by borrowers in rural areas as classified by the U.S. Department of Agriculture.

Just because millions of empty properties are located in U.S. cities, it doesn't counter the fact that an inventory shortage exists, or fix it, LendingTree said.

The management changes come amid speculation that competition between Mr. Cooper and another player that's been more focused on digital operations is heating up.

The introduction of quarterly price data for the segment arrives as a certain type of factory-built home attracts favorable attention from consumers.

Half a million single-family and multifamily homes in Tampa Bay and Sarasota are at risk of storm surge damage, Corelogic's report said.

Sen. Tim Johnson, a former three-term senator and five-term U.S. representative for South Dakota, died after complications from a recent stroke.

The Consumer Financial Protection Bureau has voiced its support for consumers contesting a $25 statement fee on expedited payoff quotes.

The Convergence Collaborative, building on a Mortgage Bankers Association initiative in three cities, is seeking innovative solutions to the racial gap problem.

The 30-year fixed mortgage rate rose over 20 basis points last week, putting downward pressure on home loan activity.

September's news roundup for the mortgage industry includes the impact of the Federal Reserve's rate cut on mortgage appetites, lenders continuing to launch and settle lawsuits and more.

Europe's top finance ministers are questioning the U.S.'s commitment to the global capital standards. The mistrust could have consequences for international regulatory efforts.

The veteran turnaround executive was hired in 2020 to salvage the troubled banking company after the Justice Department launched a far-reaching probe of its mortgage lending practices. It agreed to sell to Florida-based EverBank.

Home prices are one driver. Other factors also have been exerting upward pressure on housing expenses that differ by region and lift the overall average.

While rate-and-term refinance locks boomed, the rise in purchases also was telling as it was the first since the Fed started raising rates, Optimal Blue said.

The new tool, dubbed Araya, utilizes data available in several of the technology firm's lines of business, including its climate risk division.

Quantitative tightening has helped to keep mortgage rates elevated, but new concerns over how it impacts market liquidity could lead the Fed to end the program.

Total insured wind and flood losses are predicted to be between $10.5 billion and $17.5 billion, according to CoreLogic. Earlier estimates placed the cost of insured damages between $3 billion and $5 billion.

Depending on who wins, it will be four years of progressive policy chaos or four years of indifference towards the housing market.

Despite rising consumer confidence in the housing market, declining mortgage rates, alone, don't seem to be able to lure home buyers in, two new reports find.

Papanii Okai will fill a newly created position of executive vice president of product engineering at Rocket Mortgage.