Originations

Among the mortgage industry investors in the product and pricing engine provider are Movement Mortgage and First American Financial.

And a recent slowdown in government-backed loan issuance is pushing average purchase amounts to another record high.

The company will leverage its diversified consumer-finance model while optimizing a traditional mortgage business with thinner margins as the business cycle turns, CEO Patti Cook said.

While increased activity in rentals is influencing current numbers, interest in homeownership among Gen Z could help fuel growth later this decade.

The mortgage lender's CEO Brett McGovern speaks on how the deal came together and how the two will work together once the deal closes.

However, the shortage of entry-level home listings should result in a competitive spring purchase season, the government-sponsored enterprise said.

While lack of inventory and high prices remain on their list of worries, rising interest rates also stand to make a greater impact.

The researchers found that the disparities that emerged from the analysis of 1.8 million appraisals from 2019 and 2020 were statistically significant.

It’s not just potential buyers and sellers holding this perception; over four-in-10 real estate agents agree with that sentiment.

The mortgage industry has long sought a reduction, which could make homes more affordable to entry-level buyers with limited incomes, but such a measure also would limit the agency’s claims-paying resources.