Mortgages

The lawsuit accuses Village Capital of failing to pay full price for servicing assets and refusing to reimburse Change for a large Ginnie Mae payment.

Understand the pros and cons of financing modular and container homes. Learn how lenders can balance opportunities and risks in this growing market.

Homebuilder stocks are headed for their best monthly performance in over a year as the housing market increasingly shows signs of life. 

ChatGPT is changing how borrowers search. If your mortgage business isn't showing up in AI answers, your website may no longer be your best storefront, writes the founder of Mortgage Advisor Tools.

By looking at the payment-to-income ratio on credit cards, as well as student loans and HELOCs, Transunion says servicers can predict future delinquency trends.

The 30-year fixed rate mortgage fell 2 basis points this week, Freddie Mac said, but other sources like Zillow and Lender Price reported larger drops.

The median monthly home loan payment fell $45 in July from June, although some of those payments are more expensive compared to the same time last year.

An index of contract signings slipped 0.4% last month to 71.7, around where it's lingered for much of the year, according to National Association of Realtors data released Thursday.

The U.S. Mortgage Insurers put out a blog promising its members would be ready to accept submissions for coverage which were scored using VantageScore.

While borrowers took advantage of rate dips to refinance, purchases declined year over year, showing obstacles still standing in the way of a market turnaround.

The Federal Housing Administration is moving to the same standard for the new Uniform Residential Appraisal Report that the conforming market is adopting.

Borrowers argued the servicer's $25 charge for expedited payoff quote statements is a "junk fee" and violates federal and state consumer protection laws.

The increase in purchase volume was not enough to offset the drop in refinance application submissions as conventional rates increased week-over-week.

The government-sponsored enterprises' oversight agency will require the merging mortgage giants to have "appropriate financial and operating safeguards."

President Donald Trump's unprecedented and escalating attack on the Federal Reserve runs the risk of backfiring by hitting financial markets and the economy with higher long-term borrowing costs.

The accusations could have broader implications for secondary market supervision as technology potential improves the speed at which detection can occur.

The bank "temporarily" paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic.

The judge sided with Massachusetts officials in a review of their lawsuit against Hometap, who pushed back on descriptions of its products as "illegal" loans.

While still higher than the norm, the reduction in this spread is good news when it comes to mortgage rates for potential homebuyers as well as current owners.

Fed cut talk fuels hopes of lower mortgage rates. A drop could expose multiple buckets of $200B–$300B in MBS to refi risk, shifting the mortgage market.