Mortgages

The newest addition to the Panorama group of companies aims at offering opportunities to first-time home buyers through wholesale and correspondent channels.

The government-sponsored enterprise has reportedly added a new vendor to a test in which it buys certain loans without title insurance or attorney opinion letters.

The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed uncertainty around tariffs.

A team of 16 joining Union Home Mortgage's Cincinnati branch closed 996 units and funded more than $260 million in 2024.

Growth in conventional originations at U.S. banks came with the unexpectedly rapid rise of 30-year fixed interest rates in 2022, Federal Reserve researchers found.

Poor credit is a barrier for many Black homebuyers, blocking them from mortgages and contributing to racial gaps in homeownership.

While still remaining relatively bullish on the sector because of its strong performance year-to-date, all five companies' stock outlook is at "market perform."

The "One Big Beautiful Bill" is full of wins for homeowners and builders. But its effects on lenders and borrowers is more unclear.

The Mortgage Bankers Association's index of home-purchase applications advanced 9.4% in the week ended July 4, according to data out Wednesday.

Lenders and other businesses active in the state also stepped up with large donations and charitable campaigns in the days following the flooding disaster.

The deal is the seventh prime jumbo issuance from Chase Home Lending Mortgage Trust in 2025.

The move their regulator Bill Pulte announced introduces competition for one metric but charges from three credit bureaus will remain in place.

California-based Dunmor said it is launching a wholesale division, which will be led by a former Newfi executive.

A federal judge rejected defenses by a brokerage that acknowledged selling loans to both United Wholesale Mortgage and rival Rocket Pro TPO.

Onity Group's Jack Cavanagh describes how data science has changed processes in the mortgage industry and what type of misconceptions still exist about AI.

While more consumers expect purchase conditions to improve, potential job loss weighs on the mind of a growing number of likely homebuyers, Fannie Mae found.

Both government-sponsored enterprises also are tightening rules around condo and co-op loans in buildings that have been involved in insolvency proceedings.

Treasury yields rose Monday led by long-maturity tenors as investors preoccupied with the potential fallout of US tariffs looked ahead to auctions later this week.

As the housing market cools, a rise in delinquency rates and underwater mortgages could be a foreboding sign for the future.

Fresh US jobs figures took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall.