Mortgage insurer Enact's IPO is back on track
With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering
by Matt Carter Sep 15
Black Knight expanding services it provides to growing mortgage broker segment
Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation's largest lenders
by Matt Carter Sep 14
Real estate disruptors get serious about mortgage — and vice versa: Mike DelPrete
Real estate tech companies are going after mortgage, but now mortgage is going after real estate
by Mike DelPrete Sep 14
HUD homes more likely to be in floodplains: Report
HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn't learn that the home was located in a flood zone until they were told by their lender
by Matt Carter Sep 13
Rising home sales, prices help title insurers post record profits
Rising home sales and prices helped title insurers post their best second quarter earnings ever, thanks to lower claims and a surge in premiums driven by rising home sales and prices
by Matt Carter Sep 13
Wells Fargo fined over mortgage loan modification practices
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
by Matt Carter Sep 13
Rates for 15-year mortgages continue slow rise from prior lows
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans
by Daniel Houston Sep 9
Lenders less certain about future growth in purchase mortgages
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as previously anticipated
by Matt Carter Sep 9
Americans cashing out as home equity hits record $9.1 trillion
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic
by Matt Carter Sep 8
Why Lower.com is about much more than mortgage rates
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'
by Matt Carter Sep 8
Demand for mortgages retreats to July levels
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
by Matt Carter Sep 8
Fannie and Freddie must submit equitable housing finance plans
Plans are intended as roadmap for reducing racial, ethnic homeownership gap over the next 3 years
by Matt Carter Sep 7
Unlicensed mortgage broker siphoned off $4.74M in refi proceeds
CoreLogic sees heightened risk of mortgage fraud due to shift to purchase loans
by Matt Carter Sep 7
Housing insecurity ticks down in most states, but some worse off
Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago, according to Household Pulse Survey
by Daniel Houston Sep 7
Ida flooding could jeopardize 47,000 home sales in NY and NJ
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
by Matt Carter Sep 7
Homebuyer sentiment ticks up for the first time since March
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
by Matt Carter Sep 7