Mortgages

Interest rate-related developments have reportedly created an environment where more mortgage firms are interested in selling and investors are eager to buy.

The Fed governor offered some of the most detailed remarks to date around the Federal Open Market Committee's intentions to ease monetary policy this year.

In a new filing with the Securities and Exchange Commission, the company attributed delayed transactions, loss of business to other providers and one-time expenses to reduced revenue but expected a limited effect on financial health.

Katie Sweeney, until now the chairman and CEO of the association, will move into the chief executive role at the coalition as part of this reorganization.

Home buyers appear to place the highest priority on affordability, with cities in the Midwest and Northeast taking the majority of top spots on Zillow's list.

Long-term past dues and foreclosures are generally below pre-pandemic levels, but there are concerns about people underwater on their taxes and insurance.

The effects of rate pressure helped push the volume of premiums written in the third quarter downward, as the industry also encounters pressure from housing stakeholders looking for viable alternative products.

The executive director of the Community Home Lenders of America games out the best-case scenario for independent mortgage banks in the year ahead.

Navy Federal, the nation's largest credit union, is facing a lawsuit about its allegedly discriminatory mortgage lending practices.

The Federal Trade Commission became able to distribute more than $1.2 million after a legal battle in which a Supreme Court decision came into play.

For the past week, the benchmark 10-year Treasury closed above 4%, as the markets priced in an increase in the consumer price index.

More clarity around values and an urgent need to address looming debt maturities are expected to spark more deals, a report from Jones Lang LaSalle said.

The consumer price index increased 3.4% in the year through December, the most in three months, led by increases in shelter costs.

Both companies saw their stock rating cut because of their current valuation, similar to why Rocket's was previously dropped. They declined comment on the move.

Both purchases and refinances contributed to the weekly surge, with growth in government-backed volumes outpacing the overall market, according to the Mortgage Bankers Association.

The company has linked tradeline information to lien data in ways designed to help mortgage portfolio managers keep pace with property values as they change.

Mike Weinbach, a former Wells Fargo and JPMorgan leader, will replace president Chris Marshall who's expected to retire at the end of this year.

Overall, U.S. home prices increased 5.4% in the year ending in November, CoreLogic's latest Home Price Index report found.

Analysis conducted by the Federal Housing Finance Agency found values coming in under contract price as often as 15% of the time in recent years, with appraisers failing to account for quickly changing market conditions.

The company took on the established vendors with its LOS. It's now officially starting to fulfill its longtime plan to do something similar with servicing tech.