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While the pace of consumer inflation is showing signs of slowing, building material costs are running counter to the trend, according to the National Association of Home Builders.

The wholesale unit is running a month-long special looking to boost the product by waiving the $795 origination fee.

A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.

From changes in politics and policy to technology and industry trends, we share the biggest stories from the past few weeks.

Rising inflation has been an issue across the country, but these are the cities with the greatest challenges.

Test your knowledge of the biggest mortgage headlines, from mortgage foreclosure timelines to CFPB proposals. No. 2 pencil not required!

Property insurance and taxes account for over one-third of current loan performance risk, according to Auction.com's recent survey of default servicing leaders.

Second quarter margins at the three big banks were lower versus three months' prior, missing Keefe, Bruyette & Woods expectations of a flat comparison.

The new regulation goes into effect in early 2025 for properties financed by Fannie Mae or Freddie Mac.

Two days after the megabank was hit with $136 million of fines, Citi executives said they aren't changing the company's full-year expense guidance. Citi has 30 days to submit a plan to regulators showing that the bank has allocated enough resources to achieve compliance in a timely and sustainable manner.

Investment banking fees shot up at the nation's largest bank, thanks to rebounds in M&A and the equity capital markets segment. And despite higher credit costs in the company's card business, a top bank executive expressed confidence in the health of U.S. consumers.

The San Francisco bank's interest expenses continue to rise as depositors switch to higher-yielding options. At the same time, soft loan demand from business customers is putting a lid on how much interest Wells is collecting from borrowers.

As part of the three-year agreement, the group will fund a $1.22 million scholarship fund to recruit minorities into the appraisal profession.

A federal appeals court ruled that the Equal Credit Opportunity Act prohibits not just outright discrimination but also the discouragement of prospective applicants for credit.

Shares of real estate companies jumped as much as 3.1% Thursday for their biggest intraday gain of 2024, climbing to their highest level since March as investors snap up homebuilder, digital and commercial real estate stocks alike.

United Wholesale Mortgage has introduced a product dubbed Govy125, a 125 basis points incentive on any note rate for VA IRRRLS and non-credit qualifying FHA streamlines.

A summary judgment from a Missouri district court denied the government from seeking federal damages for violations of the False Claims Act following alleged underwriting misconduct by the lender.

On the whole, foreclosure times are back where they were before the pandemic, but in one state the average is over 10 years, according to Attom's latest data.

Positive signs on jobs and inflation help drive the 10-year Treasury yield lower, and lead investors to forecast a short-term rate cut sooner than later, Freddie Mac said.

For the sixth consecutive month, more mortgage credit is available to consumers, but it still remains historically tight, the Mortgage Bankers Association said.