Underwriting

The higher dollar amounts could be a way for companies to drive volume at a time when rates are increasing.

The real estate franchisor will retain its full ownership in the title agency, escrow and settlement services business.

Other providers like DocMagic and SimpleNexus offer similar services to originators who have yet to adopt the technology in substantial numbers.

Both third-party lenders will purchase conforming loans with balances of $625,000 — 14% higher than the current limit — in anticipation of regulators' action.

The filing by Tamara Richards also accused the founder and other execs of encouraging a "frat house" environment that mistreated women.

The move generally gets a thumbs up from industry participants, but what can happen in the long-term is uncertain.

The companies talk through their products aimed at making the processes safer and more inclusive for consumers.

The underwriter also agreed to assist in the New York Attorney General's investigation of no-poach agreements in the title industry.

The company will roll out the program it has been piloting, Appraisal Direct, nationwide on Oct. 1.

But refinance volume was constrained in recent weeks and many of the new offerings are aimed at low income borrowers, the Mortgage Bankers Association said.

Price growth is moderating and properties are taking longer to sell — albeit by a modest three days.

The deal comes with a 10-year agreement for Arch to serve as the exclusive mortgage insurance provider for Westpac LMI’s former parent financial institution in Australia.

Payments from PayPal, Venmo and Zelle add an extra wrinkle when dealing with bank statement loans.

Despite “color blind” underwriting algorithms, loan denial rates on mortgages that were not backed by the Federal Housing Administration and the VA skewed heavily toward minority groups, according to a study by The Markup.

However, the pace of growth at the six active underwriters should moderate over the next two years, Keefe, Bruyette & Woods said.

The lending technology provider currently has 37,741 decisioning steps or pivot points on its platform.

Protecting consumers from cyberthreats and monetary loss should be paramount for every lender and title company. Here's how to get there with minimal fuss.

Second quarter open orders were 37% higher than one year prior, while closed orders grew by 43%.

A jump in jumbo loan programs was countered by lenders dropping high loan-to-value conforming products.

The expanded credit access in its automated mortgage decisioning goes into effect in mid September.