Underwriting

Critical defects increased for the second consecutive three-month period, with appraisal-related errors nearly doubling, Aces Quality Management said.

The Federal Housing Administration wants to make it easier for mortgage applicants to use rental income received from boarders in the underwriting process.

In the aftermath of the election, a bipartisan group of House members are the latest to ask the FHFA to put the owner's title insurance waiver pilot on hold.

The Federal Housing Administration reported a 96 basis point increase in its capital ratio for fiscal year 2023, and lenders want more changes to the program.

Private-label securitization volume increased 75% this year versus 2023; conditions are right for that to continue, KBRA said.

The annual J.D. Power survey found last fall's rise in rates put the mortgage industry in a transition period that affected satisfaction, but that has rebounded as of late.

U.S. military veterans and active duty personnel have four mortgage industry participants looking to enhance their ability to take advantage of their benefits.

Three of the four largest title insurers were profitable in the third quarter; First American's loss should set it up for future gains, its execs said.

Even as home equity withdrawals hit a two-year high, utilization rate remained less than half of normal, ICE Mortgage Technology said.

Flueid, which provides verification of title services, has raised $8.3 million of new capital, with lead investor LiveOak Ventures along with Gilbert's Detroit Venture Partners.