Originations

The move by Self Financial could add momentum to recent efforts in this areas by influential mortgage-market participants like Fannie Mae and Freddie Mac.

The firm's merger with a special purpose acquisition corporation is expected to be completed this quarter, according to financial filings.

Surging interest rates have pushed refinance applications down by over 70% in a year, while ARMs have doubled their share in three months.

The lender is the latest to announce cuts in response to declining production volume.

While housing costs continued to set records, several signs of moderation have begun to appear in the last several weeks, according to Redfin.

Founder and largest shareholder Anthony Hsieh will now direct strategy as executive chairman.

But the consumer credit reporting agency’s adjusted results slightly exceeded consensus estimates from analysts.

If each employee who received this deal accepts it, the company’s headcount will be reduced by about 2,080.

But the amount relative to housing costs actually decreased from the previous year.

Recent affordability and interest rate trends led to “clear evidence” of discouragement among potential consumers in the purchase market in the first three months of 2022, according to the National Association of Home Builders.

CA Risk Profiler Plus compares the properties selected to support the valuation with others in the same neighborhood using the company's databases.

Origination fees vs. origination charges can be one of the most confusing parts of a loan offer. Diving into the difference between the terms and why there is no uniformity in the industry can help borrowers understand the lending process better, writes the CEO of Confer.

First American’s Real House Price Index showed a record increase, reflecting both elevated home prices and fast-rising interest rates.

The bank didn’t disclose which specific employees, or how many, were impacted by the announcement.

With Digital Asset Registration Technologies, lenders can avoid duplication errors and riskier arrangements with multiple parties on the platform, its creators say.

In a new report, the Government Accountability Office issued a list of recommendations for the department’s Native American Direct Loan program, which has benefited less than a tenth of one percent of eligible U.S. borrowers in 10 years.

The lender and the home improvement retail chain will facilitate eligible borrowers paying for energy-efficient appliances using Federal Housing Administration loans.

Sales of previously owned U.S. homes fell in March to the lowest since June 2020 as historically low inventory paired with rising mortgage rates curbed purchases.

Moving towards bank-like capital standards for all independent mortgage banks that sell loans to Fannie Mae and Freddie Mac could limit consumer access to mortgage credit, writes Community Home Lenders Association executive director Scott Olson.

U.S. mortgage applications slid for a sixth straight week as mortgage rates climbed to a 12-year high, weighing on both home purchases and refinancing.