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Home prices dropped again on a monthly basis in October, exacerbating the loss in home equity among recent buyers, but the size of the falloff was the smallest since June.
December 5 -
A potential borrower should have a credit decision in the "matter of one minute," the lender said.
December 5 -
The range in the size of mortgages to be insured by the agency in 2023 runs between $472,030 to $1,089,300, while maximum claims on HECMs will similarly increase.
December 2 -
On Nov. 29, Inlanta notified state officials it was terminating 62 employees contingent on its acquisition by a then-unnamed third party.
December 2 -
The deal creates a secondary market and securitization outlet for the Ohio-based lender, which reportedly is the buyer of Angel Oak Home Loans.
December 1 -
The benchmark 10-year Treasury in particular tumbled 11 basis points between Wednesday's close and Thursday's open.
December 1 -
The layoffs at the lender's Houston, Texas headquarters caught many by surprise as upper management informed employees in October that they had enough resources to weather the market conditions.
November 30 -
The company had been the fifth most active Home Equity Conversion Mortgage originator year-to-date through October.
November 30 -
Activity swung upward for the fourth week in a row, but a steeper drop in refinances led overall volumes down by a fraction from seven days earlier and 66% on an annual basis.
November 30 -
The homeownership gap between Black and white populations has widened in the years since the Great Recession, putting obstacles in the way of achieving wealth for a large percentage of Americans. How did we get here, and what do the housing and home lending industries need to do to change the current course?
November 29