Underwriting

Mortgage rates ticked down slightly from last week's post-Brexit high in anticipation of the Federal Open Market Committee meeting, according to Freddie Mac.

House flippers and property developers are increasingly crowdfunding — tapping the virtual wallets of anonymous internet backers.

A top CFPB official said that lenders have adjusted their business models and practices to comply with new rules, while MBA CEO David Stevens called on the Federal Housing Administration to clarify its underwriting standards.

New American Funding and Alterra Home Loans are partnering on a new loan program using Freddie Mac's low-down-payment Home Possible mortgages.

The average rate for the 30-year fixed rate mortgage increased to its highest level since the British vote to exit the European Union, according to Freddie Mac.

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.

New homes aren't being built, and construction and development lending trends may be to blame, according to Kroll Bond Rating Agency's Christopher Whalen.

Provident Financial Holdings has restated earnings from its most-recent quarter after it booked higher loan-origination costs.

Regions Financial Corp. has agreed to pay $52.4 million to settle allegations that it violated the False Claims Act by originating and underwriting mortgages that did not meet Federal Housing Administration requirements.

A fintech startup called Point is allowing consumers sell a piece of their home equity to investors, rather than borrowing against the value of their houses.