President Trump kept his focus on a potential ban on institutional homebuyers and highlighted existing plans to buy $200B in mortgage bonds to drive down rates
The latest numbers from the Mortgage Bankers Association show that applications for loans increased last week. Rates for a 30-year fixed rate loan averaged 6.16%
Mortgage lender Newrez announced this week that it'll let would-be borrowers count their crypto assets when qualifying for a loan. The company said it's the first major lender to make such a move
Lower previously acquired residential portal and tech firm Movoto, and struck up a marketing partnership with HomeSmart. The Acopia deal helps the company expand in the Southeast
From his start as a 'pugnacious' young exec to recent appearances on reality TV, Kelman has given the real estate community many memorable moments to reflect on as he leaves the industry
Inflation rose at an annual rate of 2.7% in December, leading many to believe the Fed will hold rates steady this month. But if market conditions cool, a March rate cut may be in the cards
Jerome Powell issued a warning on Sunday that the Fed's independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank by the DOJ
Although $200B sounds like a lot of money, the impact and longevity of Fannie and Freddie's bond purchases on mortgage rates won't be as big as the Federal Reserve's
Trump's promise to "ban" big investors from buying more single-family homes renews the debate over whether such a move would be legal — or make much of a dent on affordability
The 4.7% annual drop in monthly payments has yet to bring buyers or sellers back to the market in a significant way, but this may largely be due to seasonality, economists say
Applications for purchase mortgages drops for a 5th consecutive week to the lowest level since October as mortgage rates continue to hover above 6%, MBA lender surveys show
Top 5 lender and loan servicer says it's already using HomeVision's AI tech to evaluate collateral and will expand its capabilities to create an automated end-to-end underwriting platform
FHFA Director Bill Pulte's social media post dented Equifax, Experian and TransUnion shares as the Mortgage Bankers Association renewed calls to do away with tri-merge reporting
The Florida-based thrift expands its retail mortgage operations into Louisiana and Mississippi, and will keep most of NOLA Lending Group's employees and brand identity
The settlement resolves allegations that someone else took 22 pre-licensing and three continuing education courses that Colorado-based loan officer claimed credit for
With delinquencies and debt-to-income ratios on the rise, the Trump administration is lifting foreclosure restrictions and eyeing tighter underwriting for borrowers with multiple risk factors