Core inflation rose less in November than had been expected, in part because housing costs rose at a slower pace, Pantheon Macroeconomics Chief US Economist Samuel Tombs said
Dec 20
Bond market investors who fund most mortgages focus on the latest dot plot, which shows Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025
Dec 18
Requests for purchase loans picked up last week during a short-lived drop in rates, MBA survey shows, helped by gradually improving inventory conditions and economic outlook
Dec 18
PACE lenders object to rule requiring them to evaluate borrowers' ability to repay and provide more comprehensive disclosures so homeowners can comparison shop for other financing
Dec 17
Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds
Dec 17
'From an affordability perspective, we think 2025 will look a lot like 2024,' Fannie Mae chief economist says, but with more inventory in Sun Belt states, Mountain West and Pacific Northwest
Dec 16
Cloud banking software provider finishing up the year with a bang, partnering with a leading loan servicer and recruiting PlanSource veteran Srini Venkatramani as new head of product
Dec 13
Organizational change will allow DeJane Kerr, Fathom Realty's senior vice president of compliance, to focus on brokerage compliance, parent company says
Dec 12
Trade group for title insurers complains federal regulators are disregarding the views of lawmakers in allowing the program to move forward on the eve of a 2nd Trump administration
Dec 12
Order Insights helped protect over 130K files in November by validating transaction data, notifying title agents of discrepancies and identifying other potential fraud indicators
Dec 11
The latest CPI reading is in line with expectations, but progress in the fight against inflation has stalled, economists warn. A slower pace of easing might keep mortgage rates above 6% in 2025
Dec 11
Los Angeles Police Federal Credit Union (LAPFCU) expands its service area and membership base to include municipal, county, state and federal law enforcement agencies in 10 counties
Dec 10
Ohio-based credit union service organization (CUSO) partners with mortgage technology providers to help credit unions originate, underwrite and service home loans nationwide
Dec 10
While only 23% of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that's up from 14% a year ago when mortgage rates were peaking
Dec 9
Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about 2 weeks after being sued by Connecticut's Attorney General
Dec 6
Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work, the unemployment rate is back up to 4.2%, the Bureau of Labor Statistics reports
Dec 6
Responding to appraisal bias lawsuit, Rocket claims the government requires lenders to grant appraisers independence, then holds them liable if those appraisers engage in discrimination
Dec 5
By adding new customers and selling additional services to existing clients, nCino grew revenue by 14% from a year ago, to $138.8M, helping the company slash its Q3 net loss to $5.3M
Dec 4
Purchase mortgage demand picks up for the 4th week in a row to highest level since January as rates continue a post-election retreat that could have legs: MBA survey
Dec 4
Mortgage tech company carved out of ICE's Black Knight acquisition has signed new clients, expanded its product lineup, and announced plans to transition to a new CEO in April
Dec 4