Mortgages

The massive lender and servicer continues to tout its recapture opportunity, with a quarter of its $700 billion portfolio holding note rates above 6%.

The nation's sixth largest real estate broker has created Elliman Capital in a strategic alliance with Associated Mortgage Bankers.

A "large institutional investor" will provide funding to assist Rithm in acquiring as much as $1.5 billion worth of residential transition loans.

Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020.

The company has agreed to sell the MSRs on Aug. 1. Its merger with Mechanics Bank is set to close during the third quarter of this year.

Opendoor's stock price at one point on Monday was at $4.97, more than double its Friday close, but a large drop late in the day left it with a 96 cent gain.

The bill's sponsors say it can help address widespread problems with housing affordability by allowing homeowners to build accessory dwelling units.

An average of 2.2 issues found in problematic loan files shows existing tools are insufficient to detect vulnerabilities before closing, Fundingshield said

Housing supply is returning to pre-pandemic levels, but the rise comes as new listings fall, pointing to subdued demand, leading real estate brokerages said.

While existing home sales aren't measured in GDP, many of the things which come along with it are, and those are likely to start trending down, First American said.