Mortgage lenders tightened standards for the 3rd month in a row in May, with mortgage credit availability falling to the lowest level since January 2013
Deal sets the stage for TransUnion to go head-to-head with Equifax's verification service, The Work Number, and help mortgage lenders speed up closings
Founded in 2020 by Blend veterans Mike Yu and Devon Yang in San Francisco, loan origination system has rolled out a series of product upgrades since $30M Series A
Pioneering iBuyer hopes to bring share price back above the New York Stock Exchange's $1 minimum threshold by converting every 15 shares of outstanding common stock into 1 share
With home prices propped up by scarce inventory and mortgage rates showing few signs of easing, only 19% of Americans surveyed by Fannie Mae thought May was a good time to buy
In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects 'some pain' and even consolidation, banks will weather the storm
Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform
Some Fed policymakers say even if they skip hiking rates next week to assess the latest inflation data, that doesn't mean they're ready to pause altogether
Consumer Financial Protection Bureau warns of reputational and legal risks of relying on 'deficient chatbots' as a primary mode of interacting with customers
CEO Frank Martell recruits former CoreLogic colleague David Hayes and streamlines management ranks as losses pile up and mortgage originations hit another new low
Proposed standards would include random sample testing and reviews to protect against data manipulation and ensure a 'high level of confidence' in the estimates produced by AVMs
Friday's strong jobs report renews worries that the Federal Reserve is not done hiking rates to combat inflation as policymakers face June 14 decision to 'hike, skip or pause'
Christian Faes' Los Angeles-based Faes & Co will back F2 Finance and other tech-enabled direct lenders that cater to US residential real estate investors who buy, rehab and flip homes
Requests for purchase loans were down last week by 31% from a year ago as rates rose to a 2023 high and homes remained scarce, according to the MBA's Weekly Mortgage Applications Survey
For bond market investors who provide the funding for most U.S. mortgages, the debt ceiling crisis won't be over until Congress actually votes to approve the deal negotiated over the weekend
House lawmakers with differing views on Fannie and Freddie ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68B in risk since 2015
A homebuyer taking out a $300K loan could end up overpaying by $1,200 a year — and even more if they're in the market for a jumbo, FHA or VA mortgage, according to a new CFPB analysis
Being named to Entrepreneur magazine's 2023 Franchise 500 list for the 4th year in a row puts some wind in the sails of the company's long-term goals
Purchase loan applications fell by a seasonally adjusted 4% last week as mortgage rates surged on debt ceiling and inflation worries, according to a survey by the Mortgage Bankers Association
The struggling digital title and closing provider is set to receive up to $24.5M, with up to $14M in earnouts 'based on the retention of specified employees' by WFG
