Mortgages

Mortgage application activity had its largest decline in a year, according to the Mortgage Bankers Association.

Significantly more Americans own a home now than a decade ago, but the disparity between Black homeownership rates and those of other racial and ethnic groups has grown wider, according to the National Association of Realtors.

Cenlar's chief digital officer shares his story while weighing in on AI, vendor consolidation and cybersecurity.

Each state was rated on a number of factors in five categories, including affordability, overall well-being, quality and cost of healthcare, weather and crime.

The rebuff Tuesday ends months of deliberations over the cases, which had been fully briefed since late September. The court as a whole gave no explanation for either the rejection or the unusually long delay. 

Comparable sales fell 3.5% in its fiscal fourth quarter, Home Depot said Tuesday.

The wholesale lender wants its logo removed from the Facebook page and for Ramon Walker, the creator of the page and owner of Client Direct Mortgage, to pay over $100,000 in outstanding EPO.

The company, which has paired down its operations to concentrate on reverse mortgages, got a similar notice in December.

As the book of business written during the 2020 to 2022 period enters peak delinquency years, default notices are expected to rise, fourth quarter earnings comments revealed.

A deal between consumers and a Multiple Listing Service doesn't solve the issue of buyer brokers "steering" clients to listings with higher commissions, lawyers for the government said.

U.S. new-home construction sank at the start of the year by the most since the onset of the pandemic, indicating the recovery in the housing market will be gradual as many buyers await a further decline in mortgage rates.

The National Association of Home Builders/Wells Fargo gauge of housing market conditions rose by 4 points to 48 this month, according to data released Thursday.

For the first time since mid-December, the Freddie Mac survey reports mortgage rates over 6.7%.

The company was able release credit reserves because of actual and forecasted prices that boosted net income, CEO Priscilla Almodovar said.

The accused, affiliated with Home Matters USA, reportedly took money from the victims and never delivered on the promised services.

The guidelines come as lenders face lawsuits over alleged discriminatory valuations.

The government-sponsored enterprise financed 955,000 mortgages last year, down from the 1.8 million loans it backed in 2022.

Gate House Compliance is working with experts like Michael Waldron and Paul Hancock to provide services like fair lending and servicing assessments.

Between a new partnership with REdistribute and two other agreements, the mortgage technology company says it has access to over 90% of property listing data.

The contract rate on a 30-year fixed mortgage increased 7 basis points in the week ended Feb. 9 to 6.87%, the highest since early December, according to Mortgage Bankers Association data released Wednesday.