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With millions of Black and Hispanic consumers likely to become new homeowners over the coming decades, the lending community stands to benefit if they are willing to combine expanded underwriting with direct outreach.
June 10 -
Executive Vice President of Strategy and Growth at Clear Capital, Kenon Chen, on how the company is using machine learning and computer vision to analyze and compare property values.
June 10 -
A Fannie Mae survey-high 86% of prospective buyers said it was a bad time to buy a home in May.
June 7 -
The Massachusetts House passed a bill that would ease the process for property owners looking to build accessory-dwelling units.
June 7 -
Observers say the stronger-than-expected Bureau of Labor Statistics employment data could leave the Fed pondering when, or even if, to cut short-term rates this year.
June 7 -
In the first quarter of the fiscal year, many mortgage-related companies posted profits after a year-end that didn't exceed expectations. Here's how major publicly traded players in the industry performed in the first quarter.
June 6 -
Still, the expected year-over-year pace of home price increases in 2024 is faster than what the first quarter Fannie Mae Home Price Expectations survey has predicted.
June 6 -
The 30-year fixed-rate mortgage average dropped back below the 7% level as investors reacted positively to news the economy is slowing, Freddie Mac said.
June 6 -
Ginnie Mae just approved some flexibilities for extended term MBS. Here's what else is on its roadmap, according to Sam Valverde, the agency's acting president.
June 5 -
The deal is expected to open up "substantial funding capacity" for Los Angeles-based BARH Dunmore, which launched in 2021.
June 5