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Numbers jumped after the expiration of a moratorium at the end of 2024, but rates of foreclosure rose across all loan types, the Mortgage Bankers Association said.
May 13 -
Some policies the industry group is calling for the Office of Management and Budget to definitively rescind have already been pulled back to some degree.
May 13 -
Lower is acquiring a top-five ranked real estate portal to create an "end-to-end homeownership platform" to rival Rocket Mortgage.
May 13 -
The company is positioning its Tinman platform as a serious industry competitor and suggests it's eying product costs of around $1,500 per loan.
May 13 -
Close to 300 former employees could be eligible for the settlement once it is officially approved later this year.
May 13 -
The Consumer Financial Protection Bureau is likely to scratch and rework its open banking rule, at a time when the agency's fate is in doubt.
May 13 -
In a draft version of the tax bill released on Monday, House Republicans highlighted the president's populist priorities in a package that would enact those cuts through 2028.
May 13 -
Price growth continued to trend toward the Federal Reserve's 2% target, but not enough to spur action from the central bank.
May 13 -
The top five lenders had an average of 30,887 loans guaranteed in 2024.
May 13 -
All of those surveyed by Wolters Kluwer for its May Blue Chip Economic Indicators report ruled out the possibility the Fed could raise short-term rates.
May 12