Redwood Trust, which issues 'jumbo' loans that are off limits to Fannie and Freddie, said in a new critique that costlier markets are better served by private lenders
Regulators spell out rules for transitioning ARM borrowers to other indexes by 2023
Acquisitions also paving way for expansion into related software verticals including mortgage, title and home warranty
Company says it's positioned for growth as lenders shift their focus from refinancing mortgages to providing purchase loans
Applications to refinance fell 41% from a year ago as rates increased for the third week in a row, according to The Mortgage Bankers Association’s Weekly Mortgage Applications Survey
Fed chair Jerome Powell says economy is 'very strong' and inflation now looks like more than a transitory issue
An 18% increase in conforming loan limit, to $647,200, is the biggest leap in records dating to 1970
Deal geared at helping investors acquire and liquidate individual single-family rental properties, or entire portfolios, more efficiently
Prospects for acclerated tapering of mortgage purchases in January now in doubt
Fed policymakers are prepared to adjust the pace of asset purchases if inflation continues to run hot, minutes released Wednesday of their Nov. 3 meeting show
Purchase loans were up 5% last week and applications by homeowners to refinance existing mortgages were up 0.4% week over week, according to the Mortgage Bankers Association
Strategic investment by Canadian private equity firm Novacap provides fuel for growth
Company looking to buy smaller real estate brokerages in new or smaller geographic markets
Proceeds were to go to a company controlled by Ishbia family, which owns 93.6 percent of United Wholesale Mortgage
The Real Brokerage reported a third quarter net loss of $1.06M on $39.8M in revenue as its agents facilitated $1.44B in real estate transactions, up 879% from a year ago
For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter 'mature state of the business cycle,' with the risk of another recession moving into focus
Program is now available to real estate brokerages and their agents in 7 states through Flyhomes for Agents
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family
Consumers and other real estate stakeholders have a growing number of tools to help them assess risks including floods and wildfires
Deal provides cloud banking solutions provider nCino with an entry point into the $4B US point-of-sale mortgage market
