Credit scores

The boom continues, with refinances making up a 61% share of all mortgage loans issued that month, according to Ellie Mae.

The Federal Housing Administration said in its annual actuarial report that the capital reserve ratio on its mutual mortgage insurance fund increased to 6.10% in fiscal year 2020, up from 4.84% a year earlier.

This deal comes a little more than two months after CIS combined with Avantus.

Mortgage volume continues to surge, driven by borrowers refinancing behind record-low interest rates, according to Ellie Mae.

The rescue bill enabled banks to protect loans in forbearance from an immediate hit to a borrower’s credit report, but experts say affected consumers may have trouble getting loans after the pandemic ends.

As the coronavirus takes a major toll on housing inventory and credit availability, pent-up buyer demand could lead to market recovery, according to Redfin.

The Missouri real estate market was expected to have a promising year, but it's since been hobbled by the COVID-19 pandemic, and the disruption may stretch into the fall according to the Missouri Realtors Association.

The agency said lenders should avoid reporting delinquent payments to credit bureaus for consumers who have sought payment relief due to the pandemic.

As financial hardships mount with the COVID-19 outbreak, Fannie Mae and Freddie Mac released their plans for mortgage borrowers impacted by the pandemic.

Women are becoming more and more empowered in home purchasing, thanks in part to the digitization of the mortgage and real estate industries, according to a report from Compass and Better.com.