Mortgages

Across-the-board decreases across all loan types drove the Mortgage Bankers Association's full credit availability index to its lowest in three months.

Loanlogics rolled out the LoanBeam NQM income analyzer in October and has four users for the non-qualified mortgage underwriting technology, including Pennymac.

The company was founded in 1986 by current CEO Mat Ishbia's father Jeff and became the No. 1 originator by dollar volume in the third quarter of 2022.

Walker & Dunlop Affordable Bridge Capital will originate flexible, short-term first-mortgage bridge loans for properties designated for government programs.

The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while reviewing the loan program.

Blackstone stock fell by as much as 9.3% after Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes."

A shared client base helped lead to introduction of the new integration, with implementation scheduled to come later this year, the companies said.

The deal comes as technology experts see likely 2026 artificial intelligence breakthroughs in mortgage to come through improved underwriting.

US mortgage rates fell last week to the lowest level since September 2024, a hopeful sign for the sluggish housing market to start the new year.

Wells Fargo, JPMorgan Chase, U.S. Bancorp and Citigroup will streamline borrower requests for an additional 90-day forbearance, allowing verbal applications.

Although some of the cohort surveyed were flush with savings, others admitted having precarious debt situations and steadfast attitudes toward luxury purchases.

Annual home-price appreciation ended last year at 0.7%, the smallest calendar-year increase since 2011, when prices dropped 2.9%, according to ICE.

Marshall is tasked with bringing Sagent's Dara servicing platform implementation up to scale, replacing Geno Paluso, who is vice chairman during the transition.

Late last year, commercial bank holdings of mortgage paper reached the highest level since 2023 as these depositories are flush with deposits.

Keefe, Bruyette & Woods attributes Fannie Mae and Freddie Mac portfolio growth for the narrower spreads, but other reasons include lower volatility.

The accusations, relating to the lender's marketing programs, including trips for brokers as things of value, stem from a larger racketeering complaint.

First Federal Bank stretched its retail mortgage operations into Louisiana and Mississippi, following its expansion into the Midwest and Arizona in 2023.

The impact of extreme weather remains top of mind for many, with a majority of homeowners citing it as a factor behind purchase or relocation considerations.

Mamdani issued several other orders, including one that created a new office devoted to community engagement and three that concern housing and real estate.

The number of remodeling establishments hit at a record high earlier this decade and now accounts for over 60% of home construction-related businesses.