Originations

The American Land Title Association, which represents the title insurance industry, argued that the program would not cut costs for those who really needed it.

While some said the agency was ignorant of its own rules, one trade group praised the goals of the posting.

At current levels, monthly payments could surge by 39% between 2023 and 2025 for an approximately $250,000 loan, according to new research.

Regulatory reform – rather than Biden's proposed solutions – is needed to fix the inventory crisis, some say, but others applauded the president's buyer cost-cutting initiatives.

The title proposal is part of a broader housing cost reduction proposal being discussed in the State of the Union speech.

Fannie Mae's home price sentiment index grew to 72.8 in February, up 2.1 points from the month prior.

But those rates are still relatively high, and that is a barrier to entry for potential homebuyers, Freddie Mac said.

February was the second consecutive month where lenders eased underwriting, although overall availability remains near record low levels, the Mortgage Bankers Association.

Natural disasters have hammered U.S. home insurers and hindered some stateside origination activity, but no American lender has publicly pronounced a pullback over climate risks.

These mortgage lenders with over 500 employees are celebrated for supporting staff through solid communication and opportunities for personal development.

Reverse mortgage lender Finance of America posted a quarterly profit to end 2023, as it completed post-merger integrations and faced warnings of delisting from the New York Stock Exchange.

Activity increased for both purchases and refinances, as well as for both conventional and government lending, the Mortgage Bankers Association said.

With between 100 and 499 employees, these home finance companies are celebrated for supporting staff through solid communication and opportunities for personal development.

With 99 or fewer employees, these home finance companies are celebrated for supporting staff through solid communication and opportunities for personal development.

More than 55% of all purchase loans included in agency and government transactions were given to people who had not previously owned their residence, Intercontinental Exchange said.

While a Fannie Mae study confirms that the vast majority want to age in place, people 60 and older don't want to use their residence as a piggy bank.

The income needed to comfortably afford a home in the US has leapt 80% since 2020, far exceeding a 23% increase in median income over the same period, according to a post on Thursday by Zillow.

The latest inflation news has created concern that the Federal Reserve's pivot on short-term rates could be delayed.

The program sponsors licenses for real estate agents, insurance professionals and others to help buyers obtain mortgages.

Nearly half of sellers and buyers in a recent LendingTree survey said they didn't know what commission percentage their agent received in their most recent transaction.