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Industry representatives indicated changes to the requirements that give servicers more leeway would be helpful to more moderate-sized companies in particular.
June 4 -
Closed-end home equity volume was up 13% year-over-year in the fourth quarter, outpacing HELOCs originations, which only grew 8%, TransUnion reported.
June 4 -
Two- to 10-year yields reached the lowest levels since at least May 9 after the ISM Services gauge for last month signaled contraction for the first time since last June.
June 4 -
The publicly traded firm said it anticipates more deals after making its first loan to a developer for $32.7 million, which will support 156 homes in Houston.
June 4 -
The Mortgage Bankers Association's index of applications for home purchases decreased 4.4% to 155 in the week ended May 30, which included the Memorial Day holiday.
June 4 -
Securitizations are breaking new ground and whole loan investors have been active as nonbanks increasingly originate and sell second lien products.
June 4 -
The software firm will employ Wolters Kluwer's technology that allow it to offer hybrid closings as well as remote online notarizations through its platform.
June 3 -
The new notes redeem older ones issued in 2018 and address the kind of near-term obligation that analysts have monitored closely at nonbank mortgage firms.
June 3 -
Signs are emerging that the Trump administration may be less willing to give up control of mortgage giants Fannie Mae and Freddie Mac than investors have bargained for, as policymakers scrounge for ways to close US budget gaps.
June 3 -
The top five lenders had an average retail mortgage origination volume of more than $5 billion, as of the end of the first quarter of 2025.
June 3