Mortgages

Redfin's seasonally-adjusted demand measure was still down by 24% on a year-over-year basis, but it's outpacing dwindling supply, which is slowing sales.

The five-year notes benefit from overcollateralization equal to 35%, and will use the proceeds to repay a line of credit facility.

One Draper and Kramer LO's game plan includes making inroads with CPAs, divorce attorneys and attending Eastern-European festivals.

The Richmond Fed president said he is poised to continue fighting inflation, and supported the decision to raise interest rates by 25 basis points in March.

The latest version of the tool integrates more detailed data on social variables like race, income, disability and English language proficiency.

However, the benchmark 10-year Treasury yield pushed back up 15 basis points from a week ago as the markets settle following the recent bank failures.

The year-over-year drop in January stemmed primarily from loans where a payment had not been made in at least 120 days but shorter-term arrears were higher during the same period.

During 2022, the lender, which had a little over 300 employees, reduced its headcount by about 10%.

The title insurer was the third of the big four companies to come to an agreement with New York Attorney General Letitia James in an ongoing investigation.

The new foreclosure prevention option will be available for servicers' use on a voluntary basis starting on July 1 and will become mandatory in situations where it's appropriate for borrowers beginning Oct. 1.

Purchase applications increased again, but changes in home prices and interest rates are bringing only limited affordability relief.

The National Association of Realtors' index of contract signings to purchase previously owned homes increased 0.8% last month to 83.2.

Convicted former MBA Chairman Ron McCord and his Oklahoma-based company settled CapLoc's allegations that they put fraudulent loans on a funding line.

In total, around 98,000 loans with a principal balance of $31.8 billion are in the cover pools for the two new insurance-based transactions.

The company's rejection of the plan cost the homeowners a competitive rate last year as interest rates soared, their attorney alleged.

If the proposal goes into effect, lenders and servicers will have to provide more detailed information about the makeup of their organization, as well as any incidents that are impacting their financial wherewithal.

The related rewards are targeted to both new homebuyers and existing mortgage servicing clients.