Mortgages

One loan diversion scheme was allegedly revealed by a confused consumer’s complaint with federal regulators.

Privately securitized mortgages made by these institutions have already exceeded 2021 levels, however some of the collateral lacks income verification, according to a new KBRA report.

Talk'uments already enables English and Spanish speakers to understand their documents and will soon add Vietnamese, Korean and Tagalog.

The S&P CoreLogic Case-Shiller index recorded its strongest ever annual gain for March as housing market conditions remained highly competitive in the first quarter.

The system may be good for the banks that own it, but it is not meeting its public mission.

Several Sun Belt cities popular for relocation over the last two years were among markets with the most reduced listing prices in April.

Mortgage companies selling loans to the government-sponsored enterprise will be able to use the information for one type of employment check as well as to validate income and assets.

The number dropped 3.9% from a month earlier to 99.3, according to data released Thursday.

Terminated consultants told a news outlet they received mixed messages on bank policy while committing the conduct in question.

The numbers illustrate how quickly housing costs are increasing and the price buyers might pay if they wait to finance.

The 30-year average decreased for the second week in a row but still is almost 2% higher than its year-end 2021 level.

The initial roll-out is in Arizona, Colorado and Florida, but the company plans to offer the capabilities nationwide over the next 24 months.

Non-depositories historically haven't been big originators of home equity lines of credit, but fintechs that offer the easily automated countercyclical products are reporting growth.

The white-label solution aims to provide neobanks and those in property sales with an entry into housing finance, while giving existing lenders a way to introduce new products and channels.

The acting head of the Federal Housing Finance Agency will become the first African American woman to lead the agency as a result of the vote Wednesday.

Those surveyed said they felt more financially secure than they did five years ago, in part due to large gains in home equity.

The wholesale product has a $2.5 million limit, is indexed to SOFR and meets the qualified mortgage requirements.

While the purchase index registered a tiny uptick, activity has fallen to nearly the same level seen during the first months of the pandemic shutdown.

New changes do more to pave the way for electronic modifications and will open the government bond insurer’s program up to new applicants.

Servicers unfamiliar with the registry's requirements of having up-to-date policies and procedures in place are responsible for the increase in findings, MetaSource found.