Demographics

With the economy and job market both healthy before the COVID-19 crisis, first-time homebuyers took advantage of low mortgage rates and hit their highest volume in two decades.

The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.

January's plummeting mortgage rates led to a spike in the share of millennials refinancing their home loans, a trend that should carry into February and March, according to Ellie Mae.

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.

While home price appreciation has lost some momentum, tight inventory and low rates could drive housing values further upward this spring if the coronavirus remains contained, according to CoreLogic.

Reduced construction and domestic migration in search of better job markets caused housing supply deficits in over half of the U.S., according to Freddie Mac.

Despite the increased frequency and intensity of natural disasters caused by climate change, just 33% of consumers said it's a major factor in determining when or where to buy or sell a home, according to Redfin.

Sales are up across Miami-Dade County and Broward. And it's not just snowbirds from the northeast driving activity. Millennials, and their parents, are also driving sales.

It is the start of a new decade, and here are six trends that will play a critical role in reshaping the mortgage industry.

Low mortgage rates are setting the stage for growth, not just in refinancings, but in purchase volume as well during 2020, according to Ellie Mae.

Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.

Mike Weinbach will lead consumer lending as part of a reorganization that will change the responsibilities of three longtime bank executives.

A larger percentage of newly originated mortgages to millennials shifted toward purchase loans as interest rates stayed low, according to Ellie Mae.

Metrics and strategy are key at YCharts. So are mystery-flavored Oreos.

Homeownership is one of the fastest ways for people to build wealth and giving down payment assistance provides creditworthy borrowers an opportunity to buy a house they otherwise wouldn't have, according to the CBC Mortgage Agency.

A significant number of millennials planning to purchase their first home during 2020 have not yet taken the financial steps necessary to successfully complete the process, a TD Bank survey found.

More than half of Columbus homebuyers are millennials, according to a new study from the mortgage lead generation company LendingTree.

Stephen Calk and the bank where he formerly served as CEO are both arguing that his bribery trial should be held in Illinois. Prosecutors oppose the move.

While the refinancing boom took a step back, millennials purchasing power grows in the low mortgage rate environment, according to Ellie Mae.

Borrower education stands as a barrier to homeownership for younger consumers and Freddie Mac is trying to change that.