Originations

In all, 42% of sales in the borough were financed, a larger share than in many recent quarters in the cash-heavy Manhattan market.

Purchase applications reached their highest level since January despite the average 30-year fixed rate falling by just 1 basis point last week.

An Internal Revenue Service division that helps authorize the release of tax transcripts used in lending through form 4506-C is tied to core functions.

The average American must earn almost $117,000 a year in order to afford a median priced property as prices keep rising, a Bankrate analysis found.

Baby boomers made up the largest share of home purchasers in 2024, as the percentage of millennial buyers declined, the National Association of Realtors found.

The global asset manager wanted access to the smaller company's residential mortgage credit strategies, which will become available to a larger investor base.

This transaction, following Rocket's purchase of Redfin, could be the start of the creation of large players to compete with the likes of Zillow.

The deal, expected to close by the end of 2025, will place Mr. Cooper CEO Jay Bray as president and CEO of Rocket Mortgage.

Amir Syed, mortgage coach and social media powerhouse, worked at Lower for a little over a year helping to build out and nurture the mortgage lender's origination team.

Mortgage lenders and vendors are waiving fees and enhancing program criteria, looking to reduce costs for borrowers and increase their business.