Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year Inflation cooled for a second consecutive ...
U.S. home sales dropped to their lowest level in nearly two years in July, but the national decline conceals a purchase market increasingly being driven by local employment, inventory, and borrower ...
The company points to trended data and tri-bureau consistency as approved lenders begin using greater credit-score choice VantageScore says its latest performance assessment confirms that VantageScore ...
Gen Z still wants to buy homes. But many would sooner change cities than take on a larger monthly payment.Nearly two-thirds ...
Finance of America increased its retail reverse-mortgage fundings by 33% in the second quarter without expanding its sales ...
United Wholesale Mortgage is giving each loan originator a one-time, 90-basis-point pricing incentive to use on a qualifying ...
Dream Finders Homes has agreed to acquire Beazer Homes USA in a $2.2 billion all-cash transaction, ending a months-long ...
Rocket Companies is beginning to show the economics behind its expanding mortgage ecosystem: Redfin and servicing recapture ...
The weakest employment report in months gave mortgage rates some relief Friday, but it delivered a less comfortable message beneath the bond-market rally: The labor market may no longer be strong ...
Platform calculates bank-statement income and evaluates complex files against investor-specific guidelines before formal underwriting Friday Harbor is expanding its AI pre-underwriting platform to ...
Higher mortgage rates erased June’s improvement in borrower demand during July, but the retreat in overall activity concealed a continued shift in where mortgage production is coming from.
Newrez’s mortgage production barely moved in the second quarter, but its operating profit climbed 12%, reflecting a strategy ...