Originations

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.

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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.

The pandemic, a refinancing boom and intensified appraiser shortage boosted appraisal alternatives in line with the rise in remote work. Now an overheating purchase market and policymaker scrutiny are shifting priorities.

The underwriter also agreed to assist in the New York Attorney General's investigation of no-poach agreements in the title industry.

The company will roll out the program it has been piloting, Appraisal Direct, nationwide on Oct. 1.

But refinance volume was constrained in recent weeks and many of the new offerings are aimed at low income borrowers, the Mortgage Bankers Association said.

Effects of major economic announcements this summer have had little impact on the lending market, with averages remaining under 3% since July.

But a greater number still expect decreased margins for the fourth straight quarter, due to competitive pressures and shifting demands in purchases and refinances

Both government-sponsored enterprises approve more borrowers across the board than the broader market but the relative progress each has made differs across racial groups, numbers released Wednesday show.

Refinance and purchase applications both declined, while average loan sizes shrunk for the fifth consecutive week.

The changes could help one of the Biden administration’s affordable housing goals, which is aimed at making wealth-building through owner-occupied, 2- to 4-unit properties more attainable.

Improved capitalization and smaller balance sheets should help several weather the likely consolidation that is coming, Moody's said.