Share of mortgages in forbearance continues to dwindle
But an estimated 2.1 million homeowners are still taking a break from mortgage payments
by Matt Carter May 17
Demand for mortgages sagged in April even as rates remain near historic lows
Drop in purchase loan originations may be another sign the market is topping off
by Matt Carter May 17
Half of big lenders still get most mortgage applications on paper
Survey also finds borrowers were more likely to consider just one lender in 2020 than was the case in 2018
by Matt Carter May 14
Genworth postpones IPO of its mortgage insurance business
The company cited volatility in trading of mortgage insurance companies as the reason for delay
by Matt Carter May 13
Inflation concerns not reflected in latest mortgage rate survey
A weekly Freddie Mac survey doesn't fully reflect new data that's pushed rates up this week on inflation worries
by Matt Carter May 13
'Should I pay down a collection?' How to answer clients
Consumers who've had a collection hit their credit report might be wondering if they should pay it off or hold off. Micah Curtis shares the right move to make — and the answer is not what you might think
by Rick Guerrero May 13
Quicken Loans will officially rebrand as Rocket Mortgage
Rocket Mortgage has eclipsed the Quicken Loans brand in the minds of consumers so the company plans to officially change its name on July 31
by Matt Carter May 12
Dip in mortgage rates boosts interest in purchase loans, refinancing
'Robust demand' for purchase loans continues to be constrained by scarce listings and shortages of buildings materials, according to the Mortgage Bankers Association
by Matt Carter May 12
Guild Mortgage acquires foothold in the Northeast
The deal to buy South Portland, Maine-based Residential Mortgage Services for $197M is Guild's seventh acquisition since 2008
by Matt Carter May 11
Better is the latest mortgage company to go public
With $778M in IPO funding, the company also aims to grow its real estate brokerage and title insurance businesses
by Matt Carter May 11
End of mortgage payment relief looms for 2.2M homeowners
The share of homes in forbearance continues to dwindle, but many owners haven't made a payment in 12 months or more
by Matt Carter May 10
Fannie, Freddie must curb appetite as demand for second homes soars
The trend toward remote work, along with the rising value of stock portfolios and home values, has fueled the demand
by Matt Carter May 10
Bad jobs report could hold silver lining for housing
The Fed now has justification to keep a tight lid on interest rates. But some fear that if employers are forced to raise wages too quickly, that could spark inflationary pressures and spook bond investors
by Matt Carter May 7
Sellers absolutely have the upper hand in this housing market: Survey
In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae's latest survey of home purchase sentiment
by Matt Carter May 7
What Zillow's results reveal about its momentum toward Zillow 2.0
The various pieces of adjacent services are being built, but they still need to be assembled in a credible way that reinvents the transaction at a meaningful scale
by Mike DelPrete May 7
Mortgage rates stay under 3% for third week in a row
Good news for would be-homebuyers and homeowners looking to refinance
by Matt Carter May 6