Mortgage giants ordered to exempt first-time homebuyers from increases, which could boost private lending
Opinion
Tech advances in data, authentication, artificial intelligence and loan processing are making mortgage fulfillment easier. Why can't a simple iris scan make mortgage funding even quicker?
Nation's biggest provider of purchase loans made 27% fewer loans to homebuyers in 2021
Foreclosure filings dropped 8% in December as a once-feared wave of mortgage defaults has largely failed to materialize, according to a new report from Attom Data Solutions
Bay Equity Home Loans closed nearly 10 times as many loans as Redfin Mortgage in 2021
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
As interest rates rise, the largest US mortgage lender bills itself as more than home loan provider
After raising $50M in Series B funding round, 'Power buyer' looking to expand from 11 to 19 states in 2022
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
Opinion
'When all the experts unanimously agree, it makes me nervous,' Inman Publisher Brad Inman writes. 'I'll never forget the careless chorus of experts pumping up the housing market in 2008.'
Mortgage rates rose 11 basis points this week as the Federal Reserve signaled it intends to shrink its balance sheet, according to Freddie Mac’s latest lender survey
Donations to lawmakers who voted against certifying the 2020 election results from the National Association of Realtors and Rocket Mortgage clocked in at more than $375K in 2021
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
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
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
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