Nation's largest mortgage lender says brokers 'will no longer need to work with a title company or settlement agent for title work, balancing fees, scheduling closing or any related communication'
Realtors and buyers are both confused right now, writes mega-team leader Carl Medford. To help buyers sort out the mess, here are our top 10 answers for buyer questions
Anthony Lamacchia thinks some agents are reading too much into guidance issued by Fannie and Freddie confirming that sellers can continue to pay buyer's agents' commissions
Existing-home sales retreated 4.3% between February and March to a seasonally adjusted annual rate of 4.19M, according to data released Thursday by the National Association of Realtors
Fannie, Freddie and FHA say sellers can continue to pay commissions to buyer's agents. But what if buyers want to pay their agent themselves and finance it into their mortgage?
That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. But some benefits require changes from mortgage lenders, consumer watchdog says
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers
DivvyUp is a mobile financial resources and down payment planning product. The company said it surveyed 2K people to uncover what is most challenging about the homebuying process
Nation's largest mortgage lender trims its $300B servicing portfolio by nearly one-fourth, selling $70B in mortgage servicing rights for $941.2M, excess cash flows on $19.4B in loans for $150.9M
Surprise announcement comes on same day Biden administration rolls out $7.3T budget proposal that would provide $258B to expand access to affordable housing
In a pilot program announced last week, the Biden administration cleared the way for Fannie Mae and Freddie Mac to let some homeowners refinance mortgages without paying for title insurance
California Housing Finance Agency to use lottery system to allocate $220M in 'Dream for All' shared appreciation loans that cover down payments for eligible first-time homebuyers
Fannie and Freddie's federal regulator wants lenders to synchronize adoption of bi-merge credit reporting with more inclusive FICO Score 10T and VantageScore 4.0 scoring models
Nation's biggest mortgage lender posts first annual loss since going public in 2020, largely driven by an $854.1M write-down in the value of UWM's $300B mortgage servicing rights portfolio
Kiavi upsizes its 16th securitization to $350M and says oversubscribed offering is company's biggest since November 2021, bringing total issuance since 2019 to $4B