Demand for purchase loans picks up for 4th consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides
Annual home price appreciation of 5.5% pushes FHA loan limits up to a minimum of $498,257 in affordable markets and to a ceiling of up to $1.72M in high-cost states like Alaska and Hawaii
Surge in Q3 home prices pushes mortgage giants' conforming loan limits in high-cost housing markets to $1,149,825 for single-unit properties, and up to $2,211,600 for 4-unit properties
Fidelity National Financial acknowledges that a 'cybersecurity incident' disrupted the provision of title and escrow services and other technology the company provides to the real estate industry
Two closely watched forecasts agree that mortgage rates have probably peaked, but the MBA and Fannie Mae diverge sharply on how quickly they'll come down over the next 2 years
Requests for purchase loans were up 4% last week compared to the week before, but down 20% from the same time a year ago, Mortgage Bankers Association's weekly survey of lenders finds
Neither brand recognition nor the promise of lower rates were as valuable to agents as a mortgage lender's ability to reliably obtain funding, according to results from the latest Inman Intel Index
Having slashed premiums on new FHA loans by 35% in March, and with insurance in force growing faster than reserves, HUD officials are showing no signs they'll give in to industry demands
Homebuyers don't just want good rates. They want lenders to solve problems that will keep them from getting to the closing table, annual JD Power mortgage customer satisfaction survey finds
Tuesday's big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Federal Reserve is done hiking rates and may reverse course in the spring
The article alleges UWM CEO and Phoenix Suns owner is 'charting a risky path in both business and sports' but the Ishbia family is raking in the profits even when the company is losing money
Co-branded ComeHome solution on Ally's website provides would-be homebuyers with access to listings and loan options and encourage homeowners to explore refinancing
A $565M influx of cash from an August SPAC merger and a $1B reduction in annual expenses puts Better on a footing to navigate a challenging market, executives say on first earnings call
'Door open' to Harley's return after he relinquishes leadership roles, citing family reasons. Longtime CFO Marco Fregenal is new CEO and independent director Scott Flanders is chair
Speaking at an IMF research conference, Powell said the Fed is committed to raising rates as high as needed to bring inflation down, and 'we are not confident that we have achieved such a stance'
Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled 'mortgage-as-a-service' platform with Infosys
More than 4M homeowners send their mortgage payments to Mr. Cooper, but it's unclear how many had their data exposed as the company continues to investigate security breach
While transactions fell 15% from 2022, Fathom executives said during a Q3 earnings call Wednesday that its flat fee commission split model helped its agent network grow by 13%
While others are downsizing, the nation's biggest mortgage lender is investing in new technology and hiring new team members to be prepared if mortgage rates come down and business booms
Purchase mortgage applications trended up last week for the first time in a month as mortgage rates retreated from 2023 highs, according to the MBA's weekly survey of lenders
