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A measure of housing market conditions from the National Association of Home Builders and Wells Fargo increased for a second straight month in October.
October 17
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A strong economy drove mortgage rates higher in the past week but it's still an advantageous market for consumers in some ways, according to Freddie Mac.
October 17
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The lender claims the offering is the only one of its kind in today's mortgage market.
October 17
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Ginnie Mae and the industry work with multiple agencies and a coordinator would bridge the gap but some question the concentration of power in such a position.
October 17
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After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.
October 16
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The share of homes constructed in community associations rose for the first time in three years in 2023, the National Association of Home Builders reported.
October 16
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Backflip, a fix-and-flip and residential transition loan originator, added $184 million in new capital from equity and debt transactions, its second raise of the year.
October 16
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Rising rates have apparently erased the optimism stemming from last month's Federal Reserve interest rate cut.
October 16
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The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank mortgage originator Fairway Independent Mortgage over redlining allegations. Fairway is the country's fifth-largest mortgage originator by volume.
October 15
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Ginnie Mae is more concerned about a small economic downturn than a large one and is working with other public entities to prepare and survive should it come to pass.
October 15
