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The Hammond, Louisiana, company, which announced changes to its business strategy, cut 71 jobs and reduced its dividend to 8 cents per share.

Michigan-based University Bancorp is paying $30 million for a 50.5% stake in a business Voxtur acquired for $101 million in 2022.

A measure of expectations for the next six months climbed to 78.2 in July, the highest since January.

Changes to the regulatory regime surrounding the Federal Home Loan banks should be carefully calibrated so as to do no damage to their successful support for housing and the provision of liquidity to members.

Nearly all of the business came from home purchases, but reflecting the decline in mortgage volume and a revived Federal Housing Administration offering, fewer people overall used the product.

Election speculation about policy change at Fannie Mae has boosted its stock slightly this year. It's also profitable, but there's much more to consider.

In the top city, 27.43% of mortgages were offered to Gen Xers.

Kroll Bond Ratings Agency offers some preliminary guidance on examining newly available, historical data that may aid stakeholders in a credit score transition.

The buyer said the all-stock deal to buy The First Bancshares would create a combined bank with $25 billion of assets.

The credit scoring agency will provide an education curriculum to a leading minority trade group, aimed at helping mortgage professionals learn more about financial wellness and help their potential clients attain homeownership.

But the industry-backed proposal differs by $13 million from the House version of the appropriation bill and it is not likely to get resolved until after the November election.

As Treasuries advance for a third-straight month, investors are fully pricing in at least two quarter-point rate reductions this year, slightly more than what policymakers have telegraphed.

In a new survey of bank executives from IntraFi, 90% of respondents said instances of check fraud have increased in recent years and half want law enforcement to make check fraud a bigger priority to stop criminals from stealing checks in the mail.

Four conceptual applications were chosen that address pain points in single and multifamily housing.

Catch up on the housing and mortgage industry issues pushing to the forefront of the 2024 election — and how each campaign is responding.

Increasing immediate volume and preparing for future volume are drivers for a ramp up in LO hiring, mortgage lenders say. Recruiters warn, however, that operations professionals should also be hired to avoid bottlenecks in production.

The lawsuit's conclusion ends fights by the rivals to depose each other's senior leaders.

InnSure executive director shares how communities can combat higher rates and mitigate climate risk by taking control of their insurability.

The second quarter for the subsidiary of Waterstone Financial posted its highest net income since the same period in 2022, while its volume was the most in seven quarters.

First Foundation in Dallas recently got a $228 million capital injection led by Fortress Investment Group. Now it's announced plans to pivot away from its heavy focus on multifamily loans, which lost value as interest rates rose.