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Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data.
June 17 -
If it works as intended, by calming inflation, it will help to keep mortgage rates low in the long-term.
June 16 -
The mortgage company had experimented with a piggyback product just before the pandemic disrupted the market, and it’s bringing the second-lien portion back as a standalone offering.
June 16 -
These transactions look to add territories or products to counter the effects of origination activity contracting.
June 16 -
The latest Federal Reserve move to combat inflation led to a weekly increase of more than 50 basis points.
June 16 -
The all-stock deal follows a boom in demand for interim financing on purchases, which HomeLight had been looking to offer on a larger scale.
June 16 -
Lumber prices have wavered, but gypsum, steel and transportation were still on the rise in the past month, according to a National Association of Home Builders analysis.
June 15 -
The government-sponsored enterprises' new Refinance Application Level Index pulls Desktop Underwriter data in order to give lenders and mortgage-backed securities investors insight into prepayment trends.
June 15 -
Smaller average purchase-loan sizes, which contracted by almost 2%, point to potential signs of diminishing enthusiasm among homebuyers.
June 15 -
The bank in a new filing claims some litigants didn’t apply for the refinances at the center of the complaint.
June 14