Softening rates opened the door for 4.8M borrowers to refinance their mortgages in January, the highest level in 4 years. However, affordability levels remain below pre-pandemic levels
The 9-3 split vote reflects differing views on whether the central bank's biggest worry is inflation or rising unemployment, with data lagging after the government shutdown
Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, DC, housing market are all already starting to feel the impacts
Opinion
33K VA loans are currently facing foreclosure. Housing counselor Rachael Hite says agents need to know what is happening to their clients
Constellation Data Labs will provide active property listings and public records to a broader range of industries including mortgage lenders, asset managers and insurers
Conversational generative AI chat assistant, Ask Obi, is aimed at providing high-level insights 'to better understand the data that drives their business,' Chief Product Officer Erin Wester says
After growing by 22% last year, inventory is 'a bright spot for a market that’s been dealing with deep deficits in recent years,' according to ICE Mortgage Monitor report for February
Mortgage giant claims lenders who embrace automation enjoy fewer loan defects and cut loan production time and cost compared to lenders with lower technology utilization
Payment processing technology developed by REPAY is now available to loan servicers through ICE Mortgage Technology's Servicing Digital solution, a customer engagement and retention tool
2 years ago, 9 out of 10 mortgages had rates below 5%. Today, ICE Mortgage Monitor data shows there are 5.8M fewer sub-5% mortgages, and 1 in 4 borrowers has a higher rate
In pursuit of a bigger slice of an estimated $14B market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and 4 new servicing clients
Integration of Jungo's CRM solution with Homebot lets mortgage loan officers share real-time data and insights into market trends, interest rates and property values with prospective clients
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
PennyMac is putting a positive spin on the arbitrator's ruling, saying the decision allows it to continue to use the disputed loan servicing software 'free and clear of any restrictions'
ICE teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs