Originations

Purchase activity trudged along during what lenders describe as a traditional end-of-summer slump.

Home-price gains in the U.S. slowed in July as still-high mortgage rates kept would-be buyers on the sidelines while inventory piled up.

Originators are wary of fading rates heating up home prices and reducing inventory for prospective buyers.

While the lock-in effect on existing supply has helped drive consumer interest in new construction, first-time buyers have been taking a greater share of that inventory.

MV Realty has offered real-estate contracts that call for consumers to trade upfront cash for long-term home sale restrictions, potentially hampering mortgages.

The addition of the software under its brand will help the company better serve smaller lenders as it seeks market share, company leaders said in an interview with National Mortgage News.

While housing demand remains strained, national home price appreciation continued to make more room for buyers in August, according to First American.

A Senate budget bill includes language regulating the use of mortgage trigger leads, legislation that much of the industry supports.

While still historically low, some of the changes in the first quarter appeared "troubling" and warranted extra scrutiny, according to Aces Quality Management.

As home prices rise, leading to larger transaction amounts, Certifid doubled the amount of wire fraud insurance coverage provided for transfers it vets.