Underwriting

Lenders are rolling out less sensitive products such as adjustable rate loans and non-qualified mortgages.

The lender involved is interested in seeing how the newer model works in conjunction with nonconforming mortgages while the government-sponsored enterprises plan broader adoption.

Seventeen companies showed off their latest tech aimed at streamlining the lending experience.

Lenders could gain efficiencies from advances in artificial intelligence as the related development of alternative data potentially opens up the market to more borrowers, but hurdles exist.

The government-sponsored enterprise has created a Spanish-language version of its HomeView program.

While industry economics are getting better, higher rates in a purchase-focused environment can contribute to an increase in manufacturing errors.

The agreement between The Work Number business unit and Iris Software Group could ease employment and income verification for up to 1 million consumers, the credit-reporting agency said.

The large companies are facing macroeconomic pressures because of high mortgage rates, Fitch said, but the American Land Title Association noted the industry's strong financial position.

But that share is trending downward. In the fourth quarter, nearly nine out of 10 metro areas had home prices that were considered to be above sustainable levels.

The power to quickly ingest and analyze large loads of data has become more critical to many businesses that require quick turnarounds in their decision making, technology leaders said.

Affordability is the No. 1 concern of millennials and Gen Zers, and that is also affecting views expressed in Fannie Mae's Home Purchase Sentiment Index.

Anywhere Real Estate's agreeing to decouple seller and buyer agent commissions might lead to revolutionary revisions to the real estate sales process — or little to no change.

The Federal Housing Finance Agency is adding advanced models that include rental payment histories and trended data, but others tap cell phone or consumer-permissioned bank data.

Lenders appear to be loosening underwriting a little and the construction industry may be on track to lower new home prices by 10%-15% this year.

The new entity from Roc360 will be an outlet for loans produced by the company and its two recently acquired businesses, Civic Financial and Finance of America Commercial.

All six companies reported a shift on a quarter-to-quarter basis, and most were still off from a year ago.

The matter stems from 2006 and 2007 and related to the issuance, underwriting and sale of the securities, UBS said in a statement Monday.

With prices continuing to increase and the conforming 30-year mortgage rising above 7% in July, the purchase market is in a holding pattern, Black Knight said.

This first step in updating borrower assessments was seen as the easiest and could reduce costs, but stakeholders fear change that reduces data inputs.

The markets had a full week to absorb Fitch Ratings' U.S. downgrade, but today's inflation news could cause some near-term volatility.