Nation's biggest provider of purchase loans made 27% fewer loans to homebuyers in 2021
Jan 17
Demand for purchase loans remains steady, but rising rates are closing the door on refinancing opportunities, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey
Jan 12
As interest rates rise, the largest US mortgage lender bills itself as more than home loan provider
Jan 12
After raising $50M in Series B funding round, 'Power buyer' looking to expand from 11 to 19 states in 2022
Jan 11
In one 'hot spot within a hot spot' — McDonough, Georgia — 70% of homes flipped by iBuyers like Zillow Offers and Opendoor were resold to institutional investors, many without being listed
Jan 7
Credit bureaus have 'little incentive to treat consumers fairly when their credit reports have errors,' according to Consumer Financial Protection Bureau, which analyzed 700K complaints
Jan 6
Although the Fed hasn't set a timetable for shrinking its balance sheet, it's likely to do so more quickly than it did after the 2007-09 recession
Jan 5
Homebuyers represented by partner agents will still pay closing costs, and could be on the hook for 1% convenience fee, Flyhomes executives confirmed with Inman
Jan 5
Demand for purchase loans fell to a seasonally adjusted 4% from 2 weeks ago, and 12% from a year ago, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey
Jan 5
Superus Careers has launched a Mortgage Career Exchange to help lenders recruit new talent and mortgage professionals plan their next career move
Jan 4
Climate change is seen as 'an emerging and increasing threat to US financial stability,' according to guidance issued by the Federal Housing Finance Agency
Jan 3
The deadline for calling off Better's SPAC merger with Aurora Acquisition Corp. has been extended from Feb. 12 to Sept. 30, 2022
Dec 29
The former employer of the California marketing representative, First American Title, agreed to pay $1.185M in fines and costs to settle inducement allegations
Dec 29
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
Dec 29
Stewart yanks market share from rivals Fidelity and Old Republic by acquiring Greater Illinois Title and subsidiaries with operations in 23 states
Dec 21
The acquisition gives Rocket an inside track to market real estate services, mortgages and other loans to Truebill's 2.5M members
Dec 20
After growing ancillary services through acquisitions, nation's fourth-biggest title insurer looking to plug geographic holes
Dec 17
Provider of end-to-end loan services acquires Brooks Systems to expand its regulatory compliance offerings
Dec 16
Support for mortgage markets on track to end by March
Dec 15
Senso Engage provides mortgage prospects with personalized listings prioritized by neighborhood and affordability
Dec 14