Underwriting

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.

But its operating income missed estimates with servicing income and gain-on-sale margins coming in lower than expected.

Product availability for July remained at levels last seen in 2013 as rates briefly broke above the 7% mark during the month, the Mortgage Bankers Association said.

Radian and MGIC grabbed a larger portion of new insurance written during the period while maintaining pricing discipline.

Government lender Plaza Home Mortgage, non-owner occupied originator Constructive Capital are seeing success in the changing environment, helped by their respective business models.

But the senior housing portfolio is starting to show signs of significant stress, causing the multifamily sector's delinquency rate to rise by 200% year-over-year.

But the 25 percentage point quarter-to-quarter gain does not change the fact that existing homes for sale remain scarce, the TrustEngine report found.

But mortgage numbers remain historically very low and fall short of pre-pandemic levels, according to VantageScore's latest monthly report.

Renovations, already the leading use for these borrowings, increased their share to nearly two-thirds of the products' market, the Mortgage Bankers Association said.

The Mortgage Cadence's pipeline of potential customers has shifted from "niche players" to primarily nonbank lenders, Executive Vice President Joe Camerieri said.

Borrowers in the $1.4 billion Marcus portfolio could be mined for first-time home buyer leads, a BTIG report speculated.