Mortgages

The top five had more than $85 billion in HELOC volume in Q3.

How mortgage companies with under 100 employees stacked up in this year's ranking.

The new fees based on the DTI, which lenders have said is too likely to vary throughout the origination process for a single loan, will now go into effect in August.

More employees are needed to manage the "sizable and complex" servicing from the defunct lender.

Home sellers are offering to pay for closing costs, mortgage rate buydowns and property repairs in order to attract buyers, Redfin found.

Concerns about the stability of the banking industry helped drive interest rates down, bringing more borrowers to the table, according to the Mortgage Bankers Association.

Other mortgage players this week have distanced themselves from the banking chaos with statements disclosing that they had no relationships with the failed companies.

The National Association of Home Builders/Wells Fargo gauge rose 2 points this month to a six-month high of 44, figures showed Wednesday.

The Homeowner Flood Insurance Transparency and Protection Act would temporarily give consumers with higher rates the option to revert to previous lower pricing.

The company sold off several segments of its business last year and also completed four securitizations of reverse mortgage loans as it fully commits to the 'retirement home-equity market.'

The Santa Ana, California-based lender created the partnership in a bid to capture more purchase business in the Midwest.

Product availability fell to its lowest level since January 2013 as lenders pulled back on offerings across the board, but especially in conforming loans, the Mortgage Bankers Association said.

The shift in short-term interest rate markets Monday was unlike almost anything seen for more than four decades, including even the 2008 financial crisis and the aftermath of the Sept. 11 terror attacks. 

Inflation is the top factor in Chairman Jerome Powell's point of view and that will likely determine if there is no increase or a 25 basis point hike, mortgage industry economists said.

Policies were introduced to provide greater consumer protections, but the bureau specifically noted within its announcement questions it had received regarding payment adjustments in response to competitive pressure or following an originator error

Rates on the 30-year fixed rate mortgage rose during the month, but purchase borrowers using jumbo loans drove activity higher compared with January, Black Knight said.

Having lived through past downturns allows experienced leaders to keep employee engagement high as the mortgage business faces its first rough cycle in over a decade.

Three years after many employees left the office, no standard remote employment rule has stuck.

This could first be claimed by homeowners on their taxes in 2007, but it was never made permanent by Congress and expired after tax year 2021.

Meanwhile, pending home sales are down 16.1% compared to the same time last year but demand is still up from its late-October lull, according to Redfin.