Mortgages

While vibe coding has opened the door for businesses to develop and scale their own technology, the cost of building is catching many by surprise.

Vacancy numbers leveled off this quarter, but the share among units owned by institutional investors is more than double the overall national rate, Attom said.

Lower median loan amounts and earnings growth which outpaces mortgage expenditures helps to improve affordability even as rates continue to rise, the MBA said.

If Fed Chair Kevin Warsh's comments lack substance on inflation in the market's opinion, it is likely to drive mortgage rates even higher, NerdWallet warned.

The July spike in foreclosures, led by Texas and Florida, presents an immediate opportunity for mortgage servicers to expand regional loss mitigation and default servicing capabilities.

Non-QM securitizations hit $78B as lenders ease guidelines to capture unserved borrower demand, even as total impairments rise for the 10th time in 13 months to 6.27%.

Berkshire Hathaway's HomeServices is adding mortgage servicing to Prosperity Home Mortgage. The move locks purchase borrowers into its ecosystem, cutting off external lenders from future refi retention opportunities.

The fee was to be paid by users who still needed short-term access via software developer kit interfaces to Encompass after the scheduled Dec. 31 sunset.

Smaller builders felt the greatest impact of material cost increases, as new Trump administration tariffs add a layer of worry for the construction industry.

The national delinquency rate dropped 16 basis points to 3.39% last month, according to the Intercontinental Exchange's latest first look report.

The product expansion comes at a time when not just non-agency issuance is expected to have a record year, but other lenders are getting into wholesale.

Price gains slowed to a crawl from May to June, specifically in the West, but Central and East Coast regions showed steady year-over-year gains.

As Treasury market volatility strains IMB funding, buying a bank or insurer offers permanent capital and stronger ratings, according to the Chairman of Whalen Global Advisors.

Hometap has asked federal judges in three states to compel arbitration, a move that would preclude class action lawsuits and the accompanying public scrutiny.

Under NYSE rules, loanDepot has six months to bring its share price and average share price back above $1, for which it is considering a reverse stock split.

The merger will conclude a 20-month saga that began in December 2024, when Two said United Wholesale Mortgage first approached it with an offer.

Bond investors will zero in on Kevin Warsh's Jackson Hole speech this week, with a further selloff in long-dated Treasuries at stake as markets look for clues on the Federal Reserve chairman's response to persistent inflation and fiscal concerns.

The company once known as Voxtur Analytics reset its path to focus on valuations since its own acquisition by Hale Capital Management, CEO Ryan Marshall said.

This was the second acquisition Luminate's mortgage arm has made since the start of 2025. The bank bought NJ Lenders Corp. in April of last year.

The Mortgage Bankers Association lowered its refi expectations by 5% this month, as rising mortgage rates are dampening borrowers' positions.