Mortgage News

Economic uncertainty and stock market volatility may have helped drive 12% decline in prospective homebuyers’ purchase mortgage applications, delaying home searches

Fintech focused on purchase mortgages planning to add more markets and more mortgage products later this year, now doing business in more than 1/3 of U.S. markets

After piloting cash-offer product in Texas and Colorado, company plans to offer Buy With Orchard in all of its markets in the months ahead

Guild's CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy

Ability to retrieve quotes helps borrowers assess their options and streamlines the mortgage insurance process for lenders

Abrupt policy shift not expected, but Fed chair confirms that, 'If things come in better than we expect, then we’re prepared to do less'

Blend's net loss for the quarter — up 167% from a year ago — came despite a 124% year-over-year increase in revenue, to $71.5M, according to an earnings call on Thursday

Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday

Nearly 45% of homes in the country were considered equity rich, up from 41.9% in the fourth quarter. But the rising values are creating barriers for first-time buyers

Executives say layoffs will save the company about $30M a year and help it bring its technology to bear on purchase mortgages

Demand for purchase mortgages increases for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans

Buyout offers to approximately 2,000 workers are expected to save nation's biggest mortgage lender roughly $180M per year, according to a Q1 earnings call on Tuesday

Online mortgage marketplace focused on homebuyers has doubled its headcount over the last year to 70, as it continues to pursue a goal of serving homebuyers nationwide

Mortgage lender suspends its quarterly dividend after posting a $91.3 million first quarter loss