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The change allows for more accessible financing options for a greater number of listings, but not all of those potential buyers qualify for conforming mortgages, Zillow said.

Difficult economic conditions will persist, with inflation and a potential recession weighing on minds, but investment in mortgage technology remains a priority, according to new survey research.

Minneapolis Federal Reserve Bank President Neel Kashkari compared the recent inflation to rideshare surge pricing, and called for a new approach to gauging and modeling price pressures.

Student borrowers in the U.S. are struggling to keep up with other kinds of debt even while college payments are frozen, and a surge in delinquencies is likely if the government's debt-relief plan fails, according to a new study.

Claims from a more recent storm that caused some overlapping property damage are also mounting, according to the Federal Emergency Management Agency.

Higher interest rates helped drive down refinances by 87% and purchases by 42% compared to last year.

The Consumer Financial Protection Bureau said it found deficiencies in how credit-reporting companies handle complaints about consumer data.

As challenges will persist in the year ahead, the industry still plans on development, growth and new technology

In October, the company acquired Roscoe State Bank in Texas, which means employees are now working for a depository and therefore exempt under the SAFE Act.

Increases in values were more likely to stick across the Central U.S, while pandemic boomtowns experienced the biggest declines in median housing costs, according to Realtor.com.

Prices were up by less than 9% year-over-year, according to CoreLogic's report.

She led two mortgage companies in a male dominated industry, and most recently was CEO of risk management firm Dytrix.

The Consumer Financial Protection Bureau's new unit will identify the root causes of recurring violations and find ways to hold companies accountable.

The sleepy Federal Home Loan Bank System is under intense scrutiny as critics push for more oversight and increased affordable housing while supporters say the system works well for member banks.

The government bond insurer, an arm of the Department of Housing and Urban Development, confirmed no borrowers were impacted by the transfer of servicing from the bankrupt Reverse Mortgage Funding.

The demographic of buyers between ages 25 to 41 also topped demand for repeat home purchases, a metric different from second-home and investor acquisitions.

House hunting activity also slowed in December, with home tours declining 69% from the start of the year, a Redfin report found.

Also, Rice Park ups venture capital funding team, Planet Home opens branches in mid-Atlantic and Union Home names Texas regional manager.