Originations

The proposal calls for a 20-year mortgage with Ginnie Mae and Treasury participation, but critics suggest that other measures would be more effective in bridging the gap in home equity.

The filing by Tamara Richards also accused the founder and other execs of encouraging a "frat house" environment that mistreated women.

Sales of new U.S. homes rose in August by more than forecast, reaching a four-month high and suggesting demand is stabilizing as builders make gradual headway on backlogs.

The need to size up the impact of hurricanes and pollution is increasing and current measures aren’t as precise as credit or rate models, according to the Research Institute for Housing America.

However, the pullback in mortgage-backed securities purchases will be one of the factors in rates rising in the medium term.

Foreign investment helped offset a slowing domestic recovery, causing few ripples for the week, but economists expect future taper of bond purchases to lead to upward movement.

Purchases jumped to a high not seen since April, while refinances were also up due to the increased use of government programs.

Contract closings decreased 2% from the prior month to an annualized 5.88 million, in line with economists’ estimates, figures from the National Association of Realtors showed Wednesday.

The difference between purchase contract prices and valuations was consistently wider than in white neighborhoods, according to a recent analysis of 12 million appraisals from the Uniform Collateral Data Portal.

Applications were up 9% compared to July’s total, while the average price for newly built houses hit a record.

Enact's stock offering priced on Sept. 16 in its expected range, at $19 per share, and quickly moved up to over $21.

The government-sponsored enterprise also expects purchase and refinancing volumes to drop in 2022.

Also: Sen. Warren and Wells Fargo spar, FHFA suspends Trump-era GSE restrictions and more.

Required use of the Federal Housing Administration’s Catalyst platform may accelerate data collection on valuations from a government agency that’s insuring nearly one-fifth of all purchase loans.

COVID-19 concerns, inflation hold back actions that might change current patterns.

But the pace of refinances was at its slowest since July, even as interest rates remained low.

All of the NTC employees will join Covius, including the company's senior management, following the deal's completion.

The companies talk through their products aimed at making the processes safer and more inclusive for consumers.

August’s increase in that loan type drove refinancings to take up a slim majority share of origination volume for the first time since February, according to Black Knight.

The fourth annual survey seeks to identify and recognize the best employers in the industry.