Mortgages

LegalShield's foreclosure index rose 12.2% year over year in the second quarter this year. It peaked at 54.7 in May, the highest level since March 2020.

The deal has Carrington employing the fintech's AI agents at servicing contact centers to work either autonomously or as assistants to human personnel.

As written, new capital standards for U.S. banks fail to account for the additional risk posed by many home loan clients who obtain second mortgages. Fixing the problem will significantly reduce the rule's benefit to banks.

Three more states passed title fraud legislation this past quarter, but over two dozen states are either still mulling reforms or have no relevant statutes.

Industry economists and analysts were predicting single digit quarter-to-quarter gains, but a trio of large banks had an over 30% rise in mortgage volume.

Jumbo lending helped offset a decline in June's credit numbers, as government-backed programs noticeably contracted, the Mortgage Bankers Association said.

Colorado homeowners pay the highest premiums at $463 a month, as insurance costs now exceed property taxes in 15 states, LendingTree found.

New York's new law requiring lenders to honor their own mortgage payoff instructions reduces delays and costs for consumers, argues the American Land Title Association.

Michael Burry, a GSE investor and early predictor of the Great Financial Crisis, is eyeing the senior preferred liquidation preference and a 2028 deadline.

Consensus estimates and BTIG analyst Douglas Harter's volume prediction both put Rocket ahead of UWM for the period, but by how much is where the two are different.

Mid-Atlantic home sales climbed in June as inventory grew, even with mortgage rates near 6.5%. High-income and repeat buyers led the gains, Bright MLS found.

HUD must complete 124 actions to implement the new housing law, with roughly half due within a year. Here's what's changing for lenders and borrowers.

Bipartisan pushback is targeting data centers with calls to eliminate tax breaks and ensure their energy consumption costs do not get passed on to residents.

Over one-third of the Wolters Kluwer survey participants believe the next Fed move will be to boost short-term rates, but most expect one cut next year.

The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.

Wide regional variances appeared in housing-start activity in 2025, when the traditional leading builder markets all saw numbers decline by as much as 15%.

Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.

The financial industry has largely welcomed moves like the removal of a previously proposed increase for a broad multiplier but questioned mortgage details.