Underwriting

Price growth is moderating and properties are taking longer to sell — albeit by a modest three days.

The deal comes with a 10-year agreement for Arch to serve as the exclusive mortgage insurance provider for Westpac LMI’s former parent financial institution in Australia.

Payments from PayPal, Venmo and Zelle add an extra wrinkle when dealing with bank statement loans.

Despite “color blind” underwriting algorithms, loan denial rates on mortgages that were not backed by the Federal Housing Administration and the VA skewed heavily toward minority groups, according to a study by The Markup.

However, the pace of growth at the six active underwriters should moderate over the next two years, Keefe, Bruyette & Woods said.

The lending technology provider currently has 37,741 decisioning steps or pivot points on its platform.

Protecting consumers from cyberthreats and monetary loss should be paramount for every lender and title company. Here's how to get there with minimal fuss.

Second quarter open orders were 37% higher than one year prior, while closed orders grew by 43%.

A jump in jumbo loan programs was countered by lenders dropping high loan-to-value conforming products.

The expanded credit access in its automated mortgage decisioning goes into effect in mid September.

Delinquency concerns continue to wane as the end of forbearances is not expected to lead to a massive wave of foreclosure activity.

The tool is designed to help lenders adjust their underwriting to address the growing faction of non-W2 employees, which is expected to make up half of the workforce by 2027.

The company's Series A funding round, led by Sequoia Capital, added $165 million in capital, which will allow it to expand its home buying operations into more states.

Less than a year after a Series C capital raise, the title insurer formerly known as States Title is about to complete a merger with a special purpose acquisition company.

The shift to higher-margin home purchase policies helped to boost results at First American, Old Republic and Stewart.

The cloud IT provider for settlement services companies has no timeline on when services will be restored following its shutdown Friday.

As rising home valuations force first-time home buyers out of the market, expect to see non-owner-occupied loans to increase.

This is the second acquisition in the private equity firm’s newly established technology vertical.

Premiums written increased 45%, while net operating income was up over 65%, the American Land Title Association said.

Errors created in the loan manufacturing process were partly responsible for the increase in 2020, according to an analysis by Aces Quality Management.