Originations

Home selling sentiment was mostly unchanged, even though some shifts appeared on a regional basis, according to the latest Fannie Mae research.

Realpha, which currently does business in 20 Florida counties using its AI agent, is buying Be My Neighbor, a mortgage broker active in 26 states.

Homestar Financial began winding down operations last fall, but its capabilities as a Ginnie Mae issuer was attractive for Irvine, California-based OCMBC.

A Billings, Montana-based First Interstate Bank agreed to a five-figure penalty to resolve charges it engaged in National Flood Insurance Act violations.

The deal will create liquidity for the lender's shareholders while giving the distillery access to the mortgage company's sales tools, the firms said.

Growth in housing costs should slow down over the next two years, but projections for 2024 were revised upward in a Fannie Mae survey of experts.

Guild Mortgage is now referring to its reverse loan offerings, including FHA and private-label jumbo, as Flexible Payment Mortgages.

The lender is asking U.S.Tax Court to find IRS adjustments in error and clear the company of any liability or penalties.

The 10-year Treasury yield was down by 10 basis points from a week ago, but Freddie Mac reported no movement in mortgage rates while other sources found that they were down by 7 basis points.

With Tidalwave receiving its first approvals for integrations with automated underwriting systems, its CEO explains why the current environment represents a good opportunity for a new mortgage startup.