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Lenders using an automated process can save up to $1,500 per loan but do they have the capacity to pass those through to applicants as the FHFA director asks?
May 16 -
Housing starts increased in April as a pickup in multifamily home construction more than offset a decline in single-family dwellings caused by elevated inventory.
May 16 -
Sean Grzebin discusses his plans to leverage JPMorgan Chase's massive consumer audience to pick up mortgage market share.
May 16 -
A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
May 15 -
The government-sponsored enterprise is retiring a technology platform used for loan workout reporting and giving mortgage companies a deadline for leaving it.
May 15 -
The move was necessary for Dark Matter in order for it to align the size of its workforce with current mortgage market realities, CEO Sean Dugan said.
May 15 -
The title insurance industry, highly dependent on mortgage origination volume, recovered after watching volume fall 31% in 2023 and 16% in 2022.
May 15 -
The 30-year FRM remained under 7% for the 17th consecutive week, Freddie Mac said, but the 10-year Treasury at one point was up over 25 basis points.
May 15 -
Section 8 cuts threaten to destabilize the multifamily market, writes the former chief of staff to HUD Secretary Marcia L. Fudge.
May 15JYJ Consulting -
Legal and compliance overtook verification issues as the top cause for application defects during the fourth quarter, according to Aces Quality Management.
May 15