Originations

A former account executive sued the company claiming it did not follow its own "Firm 40" policy.

With anticipated Federal Reserve moves already factored in, inflation and jobs data could play a bigger role in driving movement over the near term.

The largest increases in new listings were in the West and the South, in cities including Austin, Texas, and Phoenix, Arizona.

The effects on nonbanks will depend on the mix between their production and servicing operations, Fitch Ratings said.

Refinances and purchases both slowed last week, while average loan sizes registered an uptick.

The firm raised $40 million in a Series A funding round in March and recently touted a valuation of $640 million.

One loan diversion scheme was allegedly revealed by a confused consumer’s complaint with federal regulators.

Privately securitized mortgages made by these institutions have already exceeded 2021 levels, however some of the collateral lacks income verification, according to a new KBRA report.

Talk'uments already enables English and Spanish speakers to understand their documents and will soon add Vietnamese, Korean and Tagalog.

The S&P CoreLogic Case-Shiller index recorded its strongest ever annual gain for March as housing market conditions remained highly competitive in the first quarter.

Several Sun Belt cities popular for relocation over the last two years were among markets with the most reduced listing prices in April.

Mortgage companies selling loans to the government-sponsored enterprise will be able to use the information for one type of employment check as well as to validate income and assets.

The number dropped 3.9% from a month earlier to 99.3, according to data released Thursday.

Terminated consultants told a news outlet they received mixed messages on bank policy while committing the conduct in question.

The numbers illustrate how quickly housing costs are increasing and the price buyers might pay if they wait to finance.

The 30-year average decreased for the second week in a row but still is almost 2% higher than its year-end 2021 level.

The initial roll-out is in Arizona, Colorado and Florida, but the company plans to offer the capabilities nationwide over the next 24 months.

Non-depositories historically haven't been big originators of home equity lines of credit, but fintechs that offer the easily automated countercyclical products are reporting growth.

The white-label solution aims to provide neobanks and those in property sales with an entry into housing finance, while giving existing lenders a way to introduce new products and channels.

The acting head of the Federal Housing Finance Agency will become the first African American woman to lead the agency as a result of the vote Wednesday.