Originations

The new complaint filed by the lender in the state’s Superior Court is aimed at compelling a January decision on the 2018 allegations.

Mortgage applications increased 16.7% from one week earlier to their highest level in 10 months, although rates rose in expectation of additional government pandemic relief, according to the Mortgage Bankers Association.

The company aims to make financed home purchases more competitive with cash offers by creating a faster mortgage process.

But will the company's second attempt to go public come to fruition in a market where two lenders already put their offerings on hold?

The deal will add to SitusAMC’s tech suite, making the connection between loan originators and lenders more efficient.

The volume of Ginnie securities issued in December marked the first time more than $80 billion has been issued in a month.

The estimates in the Bureau of Labor Statistics latest numbers were only marginally higher than the previous month, which may reflect more deliberate hiring and a preholiday slowdown.

The survey period runs through Feb. 19, so don't dally!

Mortgage industry hiring and new job appointments for the week ending Jan. 8.

Fannie Mae and Freddie Mac’s underserved markets plans usually cover a three-year period, but their terms have been shortened due to the pandemic.

When the Uniform Residential Loan Application transition deadline hits on March 1, a data set within Fannie Mae’s Desktop Underwriter Program, which many lenders have used for a host of functions, will no longer be supported and unprepared lenders could later experience disruption.

Mortgage applications decreased 4.2% over the final two weeks of 2020, but the strong demand for home buying throughout most of the year should continue, according to the Mortgage Bankers Association.

The transaction was led by existing investor Insight Partners, with TVC Capital as a minority partner.

The company had canceled its planned pricing of the deal at the end of October over stock market volatility.

From the CARES Act’s effects to the spate of nonbanks going public, these developments stand to shape how the playing field looks in 2021.

Mortgage industry hiring and new job appointments for the week ending Dec. 31.

Industry watchers make their wildest guesses (more or less) about developments in real estate finance that could rock the industry in the upcoming months.

Mortgage rates yet again have dropped to a record low, even as the yield on the benchmark 10-year Treasury flirts with breaking back above the 1% mark, according to Freddie Mac.

Mortgage industry hiring and new job appointments for the week ending Dec. 24.

Mortgage applications increased 0.8% from one week earlier, an indicator of the housing market’s strength as this year comes to an end, according to the Mortgage Bankers Association.