Mortgages

The Federal Housing Administration is giving servicers more leeway to automate borrower contact but it's also requiring them to reach further afield.

Consumers are signing more multi-month viewing contracts with agents and requesting homeowners insurance incentives from sellers, a Homelight survey finds.

Department of Veterans Affairs-backed refinances were up 85% weekly, contributing to a busy week for the loan type.

The top five lenders have an average wholesale origination volume of more than $5 billion.

Mat Ishbia urged brokers to understand how the increases in credit score and report costs affect both them and the borrowers they serve.

A New York Times report suggests the majority of the NAR affiliate's grants to right-leaning organizations are out-of-line with its housing-related mission.

But the Federal Housing Administration program was the only mortgage loan type to gain market share month-to-month as measured by rate lock percentage.

Fannie Mae's Consumer Housing Sentiment Index rose in November, continuing its steady climb and showing significant improvement compared to the same period last year.

An interest rate drop spurred an unusually high number of recently originated mortgages to prepay, and one loan type proved to be particularly reactive.