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Loan officers and branch managers have started transitioning to competitors such as Union Home Mortgage, CrossCountry Mortgage and The Money Store.

The commercial real estate market is already contending with a historic downturn, but some investors now worry that servicers will make surprise decisions that end up significantly hurting their returns in deals.

Also, Freddie Mac boosts single-family seller engagement team, Carrington names new CEO and Corelogic ads executive in real estate solutions.

At current levels, monthly payments could surge by 39% between 2023 and 2025 for an approximately $250,000 loan, according to new research.

Regulatory reform – rather than Biden's proposed solutions – is needed to fix the inventory crisis, some say, but others applauded the president's buyer cost-cutting initiatives.

Here's how the former regulator thinks Fannie Mae and Freddie Mac could exit conservatorship and where he sees the residential market headed this year and next.

Home sellers accuse the corporate giant, which owns HomeServices of America, of making billions of dollars in ill-gotten gains in 2023 alone.

The momentum created in the fourth quarter is continuing during the first months of this year and is likely to continue throughout 2024, according to Dv01's Vadim Verkhoglyad.

The move follows Freddie Mac's expanded use of bank account data and brings to full fruition an effort both enterprises have been engaged in since 2017.

The title proposal is part of a broader housing cost reduction proposal being discussed in the State of the Union speech.

Fannie Mae's home price sentiment index grew to 72.8 in February, up 2.1 points from the month prior.

The New York bank has deployed generative artificial intelligence from Greenlite to help analysts do enhanced due diligence on clients with higher risk ratings.

During a contentious exchange on his second day of congressional testimony this week, the Federal Reserve chair drew a line between the central bank's response to last year's bank failures and its current capital proposal.

But those rates are still relatively high, and that is a barrier to entry for potential homebuyers, Freddie Mac said.

February was the second consecutive month where lenders eased underwriting, although overall availability remains near record low levels, the Mortgage Bankers Association.

Natural disasters have hammered U.S. home insurers and hindered some stateside origination activity, but no American lender has publicly pronounced a pullback over climate risks.

Branch manager David Garofalo is accused of planning a ruse in which he and his colleagues joined AFC for two weeks to download $1,500 worth of credit reports and then left to start their own venture.

These mortgage lenders with over 500 employees are celebrated for supporting staff through solid communication and opportunities for personal development.

Reverse mortgage lender Finance of America posted a quarterly profit to end 2023, as it completed post-merger integrations and faced warnings of delisting from the New York Stock Exchange.

The Securities and Exchange Commission finalized a pared-down version of rules governing climate-risk disclosure by public companies first proposed in March 2022. Experts say even the weakened rule will likely face challenges in Congress and the courtroom.