More optimistic outlook of where mortgage rates are headed over the next 12 months drives the largest increase in Fannie Mae's Home Purchase Sentiment Index in more than 2 years
After selling off originations businesses and laying off thousands of employees, Home Point agrees to sell itself — and $84B in mortgage servicing rights — for $324M in cash
Lending industry groups like the Mortgage Bankers Association called fee based on borrower's debt-to-income ratio 'unworkable'
UWM CEO Mat Ishbia highlights 'operational profitability' as $337M write-down in fair value of mortgage servicing rights drives $138.6M Q1 loss
Homebuyer applications for purchase mortgages rose 5% last week, but a strong jobs report and ongoing bank instability are pushing mortgage rates back up
Agents should be prepared to answer their buyer's mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area
While the mortgage industry has been shrinking, Blend says it has been building its market share, processing 23.2% of mortgages originated in H2 2022
BPD Recruit taps CoreLogic data to let lenders see who their competitors' most productive loan officers are, then automates the process of luring them away
The document automator's analysis of borrower-supplied mortgage documentation provides 'full-stack capabilities,' helping lenders capture data fields, detect fraud and analyze cash flows
Ishbia, majority owner of the Phoenix Suns, was knocked over by Nuggets' star Nikola Jokic in a play that headed his way, for which he was given a technical foul
The sale-leaseback platform plans to launch a marketplace later this year meant to serve homesellers and buyers, both individuals and investors, EasyKnock revealed to Inman exclusively
CEO Jay Farner says purchase pipeline has been growing, but constrained housing inventory and affordability present ongoing challenges
Shares in regional banks PacWest Bancorp and Western Alliance Bancorp tumble, and TD Bank Group and First Horizon Corp. announce they're pulling out of a merger
Bank failures and potential debt ceiling showdown are wildcards for Federal Reserve policymakers weighing their next move as threat of recession looms
Fannie Mae acquired $68B in single-family mortgages during Q1, the slowest period in more than 2 decades. Freddie Mac's $59B haul was the smallest since 2014
As a real estate agent, it's not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place