Mortgages

Residential markets are set to gain momentum again with prices rising over the next few quarters as rising rents in cities support demand, according to Holzhey. 

The Dallas-based nonbank lender has toned down its mortgage servicing rights activity amid numerous legal battles over alleged violations, but stands to gain much with $1.4 billion Flagstar deal.

Originators are wary of fading rates heating up home prices and reducing inventory for prospective buyers.

While the lock-in effect on existing supply has helped drive consumer interest in new construction, first-time buyers have been taking a greater share of that inventory.

MV Realty has offered real-estate contracts that call for consumers to trade upfront cash for long-term home sale restrictions, potentially hampering mortgages.

Building on a prior initiative, the Federal Home Loan Bank of Atlanta is making available $5 million in grants to support efforts to assist owners of heirs' property.

There is a $446 difference between typical rent payments and typical mortgage payments in New Orleans.

The addition of the software under its brand will help the company better serve smaller lenders as it seeks market share, company leaders said in an interview with National Mortgage News.

The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.

While housing demand remains strained, national home price appreciation continued to make more room for buyers in August, according to First American.

A Senate budget bill includes language regulating the use of mortgage trigger leads, legislation that much of the industry supports.

While still historically low, some of the changes in the first quarter appeared "troubling" and warranted extra scrutiny, according to Aces Quality Management.

Biden cast the Fed's decision to lower rates as a vindication of his stewardship of the nation's post-pandemic economic recovery and a sign of progress in the fight against high inflation that has been one of his — and Harris' — biggest political liabilities.

As home prices rise, leading to larger transaction amounts, Certifid doubled the amount of wire fraud insurance coverage provided for transfers it vets.

A trigger occurs if the reserve fund is less than 50% of the reserve fund target amount, or if the payment date where the outstanding HEA valuation is less than 80% of the starting home valuation.

Trended credit data that the industry's increasingly required to use could help mortgage firms better forecast delinquencies and prepayments, a new study finds.

While the Freddie Mac survey found the 30-year fixed fell 11 basis points, other indicators, including the 10-year Treasury yield, have all increased.

Contract closings decreased 2.5% from a month earlier to a 3.86 million annualized rate, according to figures released Thursday from the National Association of Realtors.

The winner wowed judges with a natural-sounding artificial intelligence tool that also explained its decision-making on the back-end.

OceanFirst's own press release points out the federal government has obtained $120 million in relief in similar cases since 2021.