Underwriting

However, all but one company did less business in the most recent period than during the third quarter, and new insurance written was down across the board compared with one year prior.

A rise in reverse occupancy fraud is contributing to the uptick, a CoreLogic report found.

Using stimulus checks and money saved from lower spending were each cited by just under one-quarter of those looking to buy in the next 12 months, a Redfin survey found.

Rohit Chopra, the director of the Consumer Financial Protection Bureau, has cautioned banks, credit unions and fintechs about fair-lending violations that may stem from reliance on artificial intelligence. His comments threaten to discourage financial firms from using the technology to crunch nontraditional data about borrowers, experts say.

The co-founder of Arch Capital Solutions reviews the changes made to reporting disclosures on mortgages for condominiums and units located in HOAs that were part of a response to the tragic condo collapse in Surfside, Florida.

The CEO of the Lincoln Family of Companies brand details its expansion strategy, which is unique for the settlement services business.

The mortgage broker business was never a driving force for the Chicago-based firm's purchase of Stearns Lending, so dropping it wasn't totally unexpected.

December was the fifth month out of the last six in which credit conditions loosened, the Mortgage Bankers Association reported.

The metric’s imminent end after more than 40 years means servicers need to put replacement plans in motion if they haven’t already.

But low mortgage rates and higher wages are allowing borrowers to meet conforming loan underwriting terms — at least for now.