Fannie Mae and Freddie Mac are offering a $2,500 credit this spring that borrowers can put toward their down payment, closing costs, escrow or mortgage insurance premiums
After picking up during the first 3 weeks of January, MBA lender surveys show applications for purchase loans are contracting, with mortgage rates no longer in free fall from 2023 highs
Consumer sentiment toward housing increased to the highest level in nearly 2 years in January, with a record number expecting mortgage rates to come down in the year ahead: Fannie Mae
FNB's 2017 acquisition of Yadkin Bank for $1.8B expanded its footprint into North Carolina, where the DOJ alleges it avoided providing mortgages to majority-Black and Hispanic communities
Employers added 353,000 workers to their payrolls in January, a 'head scratching' jobs report from the Labor Department that kills prospects for a March rate cut 'stone dead,' economist says
Trainer Bernice Ross talks to popular TikTok credit expert Alisa Glutz to find out how you and your clients can optimize the potential of a credit profile for lower interest rates and better scores
Sixty-five employees are slated to lose jobs when the Atlanta-based lender, licensed in 48 states, ceases operations on March 29, the company confirmed in a WARN Act filing with Georgia officials
'Strategic move' expands New American's footprint in the Midwest and East Coast regions, with DKMC brand to be retired but a majority of loan originators and support staff being retained
Chair Jerome Powell says a rate cut at the central bank's next meeting is not 'the base case,' with policymakers wanting to see more data showing inflation is on a sustainable path down to 2%
Firming up of mortgage rates finally catches up with homebuyer demand, with applications for purchase loans falling by a seasonally adjusted 11% last week, MBA survey shows
Chase has increased its grant to $7,500 in 8,500 of the 15,000 communities in within its homebuyer grant program. The bank also removed the income requirement for its 3% down DreaMaker mortgage
If it takes longer than 60 days from the time an offer is accepted until close of escrow, Roam will make the homeseller's mortgage payments for up 60 days after the scheduled closing date
Moody's Investors Service upgrades credit rating of 'powerhouse in mortgage servicing' as it restructures some of the debt it's used to fund growth by issuing $1B in unsecured notes at 7.125%
In announcing the second Encompass deal this month, ICE cites investments in mortgage technology and data that automate and accelerate the lending process from start to finish
CEO and new Inman contributor Jillayne Schlicke explains how common phrases around financing and interest rates can land you and your business in hot water
Shant Banosian of Guaranteed Rate told Inman Connect New York attendees Thursday that a seller's market is likely to persist for years