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Tidalwave continues mortgage tech expansion, hiring Rebecca Frisbie and Zac Basile
Frisbie will lead mortgage platform efforts and Basile will run national sales ]]>
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Why US home prices aren't falling despite a sluggish market
Wealthy buyers are defying high mortgage rates, keeping national home price growth surprisingly resilient in July
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Mortgage Delinquencies Ease, But FHA Distress Keeps Deepening
The national mortgage delinquency rate edged lower in the second quarter, but the improvement at the front end of the pipeline masked mounting stress among borrowers who have fallen further behind, pa
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Veteran Buyers Aren’t Waiting For A Better Mortgage Market
High mortgage rates, elevated home prices, and limited inventory are still creating obstacles for prospective buyers. But veterans and service members appear increasingly unwilling to wait for the mar
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Lennar Mortgage discloses data security incident
Lennar Mortgage disclosed a security incident involving unauthorized access from May 26 to June 1 and completed its assessment on Aug. 4.
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The mortgage refinance process in 6 steps: Timeline to close
Learn how the mortgage refinance process works. This step-by-step guide takes you from application to closing day.
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Housing Starts Retreat on Market Headwinds
Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders. Overall housing starts decreased 12.4%
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Pending home sales dip in July — Midwest fares best
The Northeast saw pending sales fall 2% from June and 0.2% annually. Sales in the Midwest declined 0.7% monthly but rose 1.7% year-over-year.
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Housing starts tumble as rate pressure squeezes builders
Single-family housing starts fell as elevated mortgage rates kept buyers sidelined and builder confidence near multi-year lows
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IMBs Make Most Mortgages. CHLA Says It’s Time They Got FHLBank Access.
Independent mortgage banks originate roughly 84% of U.S. mortgages but remain shut out of direct membership in the Federal Home Loan Bank System.The Community Home Lenders of America (CHLA) says that
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Matador Lending Joins GoRascal In Flat-Fee Broker Merger
Matador Lending has merged with GoRascal Inc., combining two independent mortgage brokerages built around flat-fee compensation models as they pursue broader recruiting and production growth.Houston-b
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Cash Purchases of New Homes Fall to Lowest Share Since 2007
New home sales rose in the second quarter but were lower than a year ago, according to the U.S. Census Bureau New Residential Sales release. The share of homes purchased with conventional financing re