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Compared to their older counterparts with similar limited credit history, Gen Z and millennial borrowers were also more likely to move into higher tiers of creditworthiness between 2021 and 2023, according to new research.

Lower commodity prices and decreases in government assistance are expected to push farm income lower this year and raise credit risk for banks.

The 30-year fixed rate mortgage, the movements of which have been volatile in recent weeks, is expected to stay in the range of 6.5% for the first half of the year before trending down, Freddie Mac said.

Loan officers expressed concerns about stepping on the toes of their referral partners.

Changes resulting from a recent case settled by the National Association of Realtors could encourage sellers to negotiate lower commissions. But the industry is rife with speculation that agents will find ways to discuss commission splits through other methods.

The Justice Department and the CFPB are increasingly relying on emails among employees that contain discriminatory comments to strengthen their hand in cases against lenders.

In the four years since February 2020, rents have risen overall by approximately 28%, Corelogic found.

The National Flood Insurance Program would ideally be approved yearly, but instead it has gone through 29 reauthorizations since 2017.

The change, which goes into effect April 1, delays when certain banks would have to change their assessment areas until 2026.

The Community Home Lenders of America alleged one provider's employment verification service is charging fees it considers excessive in a letter to federal agencies.