Mortgages

Neil Bader once headed up a company that was one of, if not the, largest mortgage brokerage in the 1990s. His career has covered the various shifts in how the business is done.

Positive feedback from participants in existing programs led to the decision to expand them in order to assist more lenders.

Figure Technology Solutions introduced a "piggyback" home equity line of credit platform for its lending partners.

As it gets ready for more competition from VantageScore, the company also did not comment on reports of yet another impending price hike.

Mortgage bonds get hit hard when there's growing uncertainty about the direction of rates, due to the election, because their returns depend so much on it.

The capital markets platform will allow its investor clients to compare non-qualified mortgage rate sheets to their competitors for free.

A trade group's estimates point to another quarter of profitability in housing finance, but originations have limits and loan performance is under pressure.

Over 100 originators have returned to Loandepot's retail channel. The mortgage shop is also planning to beef up its VA lending segment with a new hire.

Three-fourths of jumbo borrowers are hanging onto mortgage rates at or below 4%.

About 48% of mortgaged residential properties fell into the equity-rich category, slightly down from a peak of 49.2% reported in the quarter prior, per Attom's report.

If customers perceive they are dealing with a scripted chatbot, they are likely to be less satisfied with their mortgage servicer, J.D. Power said.

The real estate investment trust and correspondent lender also anticipates improved subservicing costs due to a larger trend in the mortgage market.

While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business this fall.

Price tags for the industry leaders' homes either stayed the same or declined from the same time a year ago.

Sales of new single-family homes increased 4.1% last month to a 738,000 annualized rate, government figures showed Thursday.

The top five states have an average mortgage delinquency rate of 16.66% in the second quarter.

The deal announced on Wednesday seeks to stabilize Boston's tax system, which relies heavily on commercial property revenue and has been thrown off balance by the slump in office demand. 

While recent homeowners overwhelmingly support digital innovation that leads to faster, streamlined transactions, AI is "still not a trusted system for many borrowers," Cloudvirga said.

The company's earnings looked more favorable when adjusted for the one-time charge, and it reported record levels of liquidity during the quarter.