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At the same time builders and lenders report contracting credit on offer, sentiment in the residential construction industry improved in the latter half of 2024.
February 14
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The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows.
February 14
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While Freddie Mac's weekly survey showed 30-year rates falling, other indicators paint a mixed picture for mortgage lenders and borrowers.
February 13
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But the company took a credit loss provision in the fourth quarter, deciding to add to its reserves because of new mortgage acquisitions to its portfolio.
February 13
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A series of moves aimed at deleveraging its balance sheet led to the loss, but the bottom line improved markedly over 2023.
February 13
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The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and valuation adjustments in its favor.
February 12
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The latest refinance surge helped lift total application activity up for a second straight week, even as purchases fell, the Mortgage Bankers Association said.
February 12
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Lenders increased offerings in jumbo and non-QM segments as the industry focuses on customers with strong credit, the Mortgage Bankers Association said.
February 11
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Allegations of gender discrimination and improper loan origination practices against LoanDepot were dismissed on Feb. 7.
February 10
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The acquisition of Mann Mortgage in 2024 gave Synergy the foundation and knowledge base to launch a homebuilder division, its CEO said.
February 10
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While prices and mortgage rates are having an effect on consumers, homeownership is still more affordable than renting in much of the country, new research found.
February 7 -
On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable.
February 6
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The mortgage arm of Rithm Capital saw profits surge in the fourth quarter, as the parent company looks to scale up before making any moves to separate.
February 6
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The 17.2% of mortgage borrowers nationwide with interest rates equal to, or greater than 6%, is the largest share since 2016, according to Redfin.
February 6
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The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.
February 6
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The partnership with homebuilder Onx Homes, the company's ninth joint venture, gives Loandepot more solid footing in the South.
February 5
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Other issues have overshadowed closing costs of late but they're still a homeownership hurdle. Part five of five in a series: Automation and expenses
February 5
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The average purchase loan size hit a four-month high of $447,500 as fewer home shoppers are applying for government-backed mortgage products.
February 5
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The program Better Forever rewards returning mortgage customers by discounting the fee charged on their future refinance or purchase loans.
February 5
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The newly created entity, Rithm Acquisition, is a possible, albeit unlikely, way to finally take its NewRez mortgage lending business public.
February 4
