Originations

The higher dollar amounts could be a way for companies to drive volume at a time when rates are increasing.

The real estate franchisor will retain its full ownership in the title agency, escrow and settlement services business.

However, economic data points to likely future increases, with investors awaiting numbers from upcoming jobs report.

Other providers like DocMagic and SimpleNexus offer similar services to originators who have yet to adopt the technology in substantial numbers.

The purchase of home, mortgage and title assets for roughly $471 million in cash allows the buyer to expand into Houston, Dallas and San Antonio and increase its presence in Austin.

Refinancing volume dropped to its lowest level in three months, while purchases also decreased in number.

The combined companies will have over 6,500 clients for its services.

While record price appreciation led to trillions of dollars in equity, forborne borrowers still face the risk of losing their properties, according to Black Knight.

In its initial message to the new head of the Consumer Financial Protection Bureau, the Community Home Lenders Association reiterated its call to require depository loan officers to be licensed.

The Federal Housing Administration changes are effective immediately with a mandatory Dec. 31 compliance deadline, according to an information bulletin published Sept. 30.

Both third-party lenders will purchase conforming loans with balances of $625,000 — 14% higher than the current limit — in anticipation of regulators' action.

While PLS loans still represent a sliver of the overall mortgage market and are nowhere near the $1 trillion level seen before the Great Recession, issuance jumped markedly this year.

Eligible low and moderate income borrowers can get up to $25,000 to help construct granny flats as part of the state's efforts to increase affordable housing.

Taper announcement, slowing COVID cases help remove downward pressure, leading to increases across all loan-term types.

As applications dropped, average loan sizes grew, with the purchase amount hitting its highest level since May.

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.