Underwriting

The company also acquired the maker of the ResWare title and escrow software.

Two reports reveal how borrowers prefer to engage with lenders, with younger customers preferring an efficient digital experience and most seeking some form of human interaction.

Economic instability during the quarter drove the increase in findings regarding income and employment, Aces Quality Management reported.

The affordable housing nonprofit's Equitable Path Forward initiative seeks to eliminate "the deep-rooted legacy of racism in housing."

The industry is now likely to top 2019's nearly $16 billion in premiums written.

The consumer bureau's revamp of criteria for "qualified mortgages," a special regulatory class of loans free from liability, emphasizes pricing instead of a borrower's debt-to-income ratio.

But existing deals are likely to experience issues resulting from higher defaults, faster prepayment speeds.

Clear HOI — an encrypted, cloud-based tool that automates homeowners insurance underwriting — is getting released to the broader market by Rocket Mortgage’s sister company Nexsys Technologies.

Whether Ginnie issuance increases in the future may depend in part on the extent to which the Biden administration wishes to tap the FHA to promote affordable housing and homeownership.

In November, more loan products were being offered both at the upper and lower ends of the market.