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At least three lenders have announced the formation of partnerships with real estate or homebuilder companies in November

One week following the Consumer Price Index data release, the 30-year fixed rate loan is 47 basis points lower, while the 15-year is down 40 basis points, Freddie Mac said.

While rising rates buoy revenue for the country's largest banks, in the short term they also force them to write down the value of assets they hold on their balance sheet, exacerbating a capital squeeze that's prompted most of them to halt buybacks.

NYSE American accepted the mortgage company's plan to resolve an existing concern but its persistent losses raised a new issue.

Those left unemployed say lenders have in some cases cut off critical health insurance retroactively or denied severance or an earned PTO payout. Meanwhile, three firms are accused of skirting WARN disclosures providing advance notice of mass terminations.

Applications to build, a proxy for future construction, fell to an annualized 1.53 million units, as single-family family permits fell to early pandemic levels.

Republican control of the U.S. House of Representatives will help advance financial services firms' priorities, with a wish list that includes curbing ambitious proposals by a top markets regulator and diminishing the clout of a popular U.S. consumer watchdog.

The coming months are likely to see greater focus on single-family rentals, reduced credit availability and potential new competitors entering the market.

The 15-year fixed-rate mortgage saw an average rise of 6 basis points that was higher than the overall gain, according to a retrospective report issued Wednesday.

The company has cut 194 of its 305 employees from its Aurora, Colorado headquarters, it disclosed in a Worker Adjustment and Retraining Notification.

The agency failed to fulfill some watchdog recommendations and get reports related to "human capital" and diversity finalized, the annual analysis found.

Recent changes to the loan level price adjustments should bring business to private mortgage insurers, but if the government agency acts as expected, it would shift the other way, according to a report from BTIG.

A heated panel discussion sponsored by the Federal Housing Finance Agency raised questions about the funding, structure and mission of the Home Loan banks.

Easing interest rates pushed purchases up, with their average loan size also declining to its lowest point since early 2021, but refinances fell again.

Tech executives say that improperly incorporating new software with existing systems can result in breaches and leaked personal identifiable information.

Home prices in many areas have peaked and the equity cushion that has bolstered loan performance is starting to erode, but some think damage will be limited.

The Consumer Financial Protection Bureau is challenging a recent appeals court decision that its funding through the Federal Reserve Board violates the separation of powers doctrine. That ruling "threatens to inflict immense legal and practical harms" on financial regulation, the CFPB says.

The agency released two reports Tuesday outlining shortcomings of the background check industry and pledged to root out false information and faulty practices in the space.

Jumbo offerings continued to tail off, offsetting a small gain in the availability of government-backed loans, according to the Mortgage Bankers Association.