Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as previously anticipated
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic
There's a backstory to Lower that helps explain why the company believes it can now position itself as not just a lender, but 'Everything for your home, for Lower'
In what could be a preview of what's in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, according to the MBA
Plans are intended as roadmap for reducing racial, ethnic homeownership gap over the next 3 years
CoreLogic sees heightened risk of mortgage fraud due to shift to purchase loans
Flash floods in New York and New Jersey in the aftermath of Hurricane Ida could delay or derail as many as 47,000 pending real estate transactions valued at more than $19.4B
Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale
Biden administration to give owner occupants, nonprofits more opportunities to buy homes before they're snatched up by large investors
California is leading a multi-state regulatory task force investigating a company suspected of allowing mortgage loan originators to skirt their pre-licensing and continuing education coursework requirements
Many homeowners at risk may not have flood insurance
Stock, bond markets breath a sigh of relief that Fed doesn't plan to abruptly withdraw stimulus
$192M deal is Stewart's biggest bet on ancillary services yet
Journalists at watchdog say credit scores and algorithms used by Fannie Mae and Freddie Mac could be to blame
Neat Loans: Some companies are requiring vaccination, and 'employment status is critical'
Homebuyers who can't put 20 percent down now have more options when comparing loans
AppraisalWorks now provides quote management tools and automates electronic payments to appraisers — features that can cut costs, speed up turn times and improve transparency
The numbers are headed in the wrong direction for loans that are backed by private lenders rather than the government, according to new survey by the Mortgage Bankers Association
The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1M, up 46% from a year ago, according to an earnings call on Friday
