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Many still prefer in-person closings, 19% prefer RON: Solidifi

National Mortgage
Mortgage Finance
3 years ago

A large share of borrowers wants some digital closing tools, but the majority still prefer in-person interactions, according to survey,.. Read More;

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MBA forecasts originations slowdown to persist in 2023

National Mortgage
Mortgage Finance
3 years ago

After falling to a low not seen in 25 years, mortgage application volumes inched further downward last week, as the,.. Read More;

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What the FHFA credit score change could mean for the industry

National Mortgage
Mortgage Finance
3 years ago

Mortgage experts generally expect government-related investors' plan to replace FICO's "classic" score with newer ones — and more flexible credit,.. Read More;

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Dynex Capital took a loss as market volatility grew in 3Q

National Mortgage
Mortgage Finance
3 years ago

Dynex Capital took a loss of $46.7 million in the third quarter, a period when it and other mortgage real-estate,.. Read More;

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Brown urges Fed not to lose sight of employment mandate amid inflation fight

National Mortgage
Mortgage Finance
3 years ago

Sen. Sherrod Brown, D-Ohio, is urging the Federal Reserve to exercise caution as it considers another interest rate increase at,.. Read More;

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PulteGroup stock price rises after builder's results 'better than feared'

National Mortgage
Mortgage Finance
3 years ago

Wood sits stacked in front of townhouses under construction at the PulteGroup Inc. Metro housing development in Milpitas, California, U.S.,,.. Read More;

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Bilt, startup turning rent into points, valued at $1.5 billion

National Mortgage
Mortgage Finance
3 years ago

Bilt Rewards, which operates a loyalty program and credit card that converts rent payments into points, said its valuation more,.. Read More;

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MBA's president calls CFPB's director out for regulatory overreach

National Mortgage
Mortgage Finance
3 years ago

The Mortgage Bankers Association's President Bob Broeksmit took aim at the Consumer Financial Protection Bureau on Monday, calling its independent,.. Read More;

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Pricing promos are impacting wholesale's profits: MBA

National Mortgage
Mortgage Finance
3 years ago

Pricing promotions are taking a toll on mortgage wholesaler profitability, with the channel losing lenders as a result, while ironically,.. Read More;

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A second Iowa credit union cuts staff, citing weak mortgage market

National Mortgage
Mortgage Finance
3 years ago

Another large Iowa credit union has announced layoffs as concerns about a weakening mortgage market persist.Collins Community Credit Union in,.. Read More;

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Housing market hits brakes as U.S. prices fall most since 2009

National Mortgage
Mortgage Finance
3 years ago

Single family homes under construction in a housing development in Aurora, Colorado, US, on Monday, Oct. 10, 2022. US mortgage,.. Read More;

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GSEs focus on increased affordability efforts, risk concerns

National Mortgage
Mortgage Finance
3 years ago

Affordability initiatives, including special-purpose credit programs, and risk management are at the forefront of both government-sponsored enterprises' priorities as the,.. Read More;

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