Mortgages

Restricting institutional investors is bad policy, but reforming 1031 exchanges and requiring public listings for HUD homes could boost affordability, according to the Chairman of Whalen Global Advisors.

Built around the company's guidelines, Rezi Mortgage Assistant helps borrowers learn about the lending process on their own terms, Newrez executives said.

The MBA's Market Composite Index found mortgage applications rose 1.7% on a seasonally-adjusted basis from one week prior for the period ending May 8.

The announcement comes following an Institutional Shareholder Services report which urges shareholders to vote no on the CrossCountry Mortgage transaction.

The Federal Housing Administration put an end to pandemic-era relief last year, triggering a 28% jump in foreclosures on FHA loans in the first quarter and an expected spike in defaults ahead.

Builders Capital Exchange has a $2 billion multi-year annual funding commitment, while RCLCO Fund Advisors creates joint venture which will acquire communities.

More homes nationwide went under contract in April compared to last spring, while inventory growth, while cooler, is returning to average historical levels.

The Mortgage Bankers Association's Mortgage Credit Availability Index declined 0.4% to 107.9 in April after reaching a three-year high in March.

The blockchain-backed loan marketplace said it sees interest for purchase mortgages coming from existing partners after it reported a profitable start to 2026.

Rate-and-term refinances dropped sharply in the short run but the overall number's comparison to a year ago is a different story, according to Optimal Blue.

Although posting lower volume than in the fourth quarter, all six active underwriters remained profitable, even with borrowers facing economic turbulence.

Regulatory proposals are boosting interest for banks to grow in mortgage, but sustainability demands deliberate, rather than reactive, strategy, experts say.

Dream Finders Homes made its intentions public in an effort to push for shareholder approval following Beazer's rejection of two prior offers.

Prices rose 0.32% last month on a seasonally adjusted basis, equal to a 3.9% annualized rate, according to ICE Mortgage Technology's mortgage monitor report.

Two other nonbank mortgage firms also recently got in position to raise capital while NVR, a builder and lender, added new authorization for share repurchases.

Sales of previously owned US homes barely rose in April from a nine-month low, underscoring a sluggish housing market at the start of the spring-selling season. 

While those electing cash could receive $12.50 per share, UWM's all-stock alternative remains unchanged from the company's initial agreement for Two Harbors.

The venture, supported by Blackstone affiliate Brio Homebuilder Solutions, aims to help build more than 50,000 homes annually so they can be sold to the public, the investment giant said in a statement Monday.

The changes put out by Fannie Mae and Freddie Mac make it clear the Nov. 2 date applies to valuation submissions to the UCDP, not when the loan is delivered.

First American claims Liberty National's owner changed the company's name immediately after a judge held her firm liable for an erroneous wire transfer.