Originations

The National Flood Insurance Program would ideally be approved yearly, but instead it has gone through 29 reauthorizations since 2017.

The Community Home Lenders of America alleged one provider's employment verification service is charging fees it considers excessive in a letter to federal agencies.

State restrictions on the use of credit scores appear to help a wide range of consumers cut homeowner insurance costs to varying degrees, according to Matic.

Instability in mortgage rate movements should continue in the weeks ahead, even with Fed Chairman Jerome Powell's comments on inflation.

The figures indicate the resale market is breaking out of a protracted slump due to high mortgage rates that discouraged homeowners from moving.

ICE Mortgage Technology's new Encompass Mortgage Insurance Center also allows for seamless data transfers between systems.

Rates won't fall far enough to drive meaningful mortgage volume gains this year, according to a Fitch Ratings analyst.

Limited inventory helped bring the average purchase size on new applications to its highest mark since mid 2022, the Mortgage Bankers Association said.

Industry veterans are wary of prospective borrowers who can't pay for agents, and of compensation guidelines clashing with government mortgage lending programs.

Fannie Mae's latest forecast now predicts rates to be half a percentage point higher, and volume to be $1.5 trillion lower than previously expected in 2024.