Mortgages

The lender claims it's been the first player in the industry to raise the threshold for three years in a row.

Rising property values continue to buffer mortgagors against negative equity situations, Corelogic said.

While large institutions might rank low in customer satisfaction, the institutions that can build up client trust are also likely to see consumers more likely to share personal data, a leading analyst said.

A combination of buy and sell-side issues led Mr. Cooper to slow down its mortgage servicing rights activity but executives may have a different view next year.

Homeownership affordability reached its lowest since at least 2006 in October, and still hovers near that level, according to an index from the Federal Reserve Bank of Atlanta.

The 30-year fixed rate mortgage fell week-to-week by the largest amount since the start of August and are now almost a percentage point lower than a year ago, according to Freddie Mac.

Home lending professionals shared their thoughts on vendors, artificial intelligence and the most valuable solutions technology could give them in a new Arizent survey.

There's support for Reg X modernization, but both consumer and mortgage groups are concerned about language mandates, and the industry opposes fee restrictions.

The latest inflation news is almost sure to result in a 25 basis point cut next week, but some are still hoping for 50 basis points, as well as reductions totaling almost 200 basis points through the end of 2025, Wolters Kluwer found.

The government agency's new issuances in August totaled over $40 billion, marking a high not seen since late 2022.

Lower inflation doesn't equate to lower prices, and costs of living may still be higher than pre-pandemic, especially rents. But the varying cooldown could help.

Loan applications increased for the third week in a row, as borrowers responded to recent falling rates, the Mortgage Bankers Association said.

Homebuilders that get more than a 10th of their revenue from the U.S. have surged, but concerns over an economic slowdown have cast a shadow on stocks recently.

The analytics tool takes a look at geography and borrower activity to help pinpoint areas with high concentrations of loans at risk from natural disasters.

Federal Reserve Vice Chair Michael Barr's planned revision of the capital proposal addresses a key concern the housing finance industry has.

Mortgage originators are adding more refinance-specific products, as rate locks continued to rise in August.

Consumer Financial Protection Bureau Director Rohit Chopra will be looking at whether automation accommodates or undermines potential savings from refinancing.

Negotiation of fees has become much more common, but most sellers are still willing to cover the buyer agent commission, at least to some extent, Redfin said.

Leaders from Mr. Cooper, Better, Fannie Mae, Freddie Mac, the FHFA and more gathered at the National Mortgage News Digital Mortgage Conference to discuss key strategies for the lower rate environment most expect is ahead.

The nonbank mortgage originators with the biggest fluctuation in funded loans between 2022 and 2023 saw an average change of 139.08%.