Regional banks have largely weathered the crisis fueled by this year's failures of Silicon Valley Bank, Signature Bank and First Republic Bank by pursuing mergers and boosting deposits through 3rd-party brokers
Mortgage rates could come under more pressure as Fitch Ratings downgrades US debt over concerns about rising deficits and ongoing debt ceiling showdowns
Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars reserved for losses
The Fed has raised interest rates to fight inflation in the past. A new Intel analysis illuminates the data behind the 'rate lock' of the early 1980s and how long it took home sales to eventually recover
NAF offers multiple partnership models, including a joint venture option the mortgage lender launched in April that's overseen by industry veteran Al Miller
In a bold move demonstrating mortgage is just 1 component of a larger fintech strategy, Rocket names former Intuit, PayPal and Microsoft exec to succeed interim CEO Bill Emerson on Sept. 5
For the month of May, 2.6% of all mortgages in the US were in some stage of delinquency, a 0.1% decrease from the levels seen a year before, according to data from CoreLogic
Fed Chair Jerome Powell and company keep their options open for another rate hike in September, but futures markets investors and some economists think the Fed is probably done hiking rates
Thanks to its Home Point Capital acquisition and other pending transactions, the loan servicing giant delivered upbeat Q2 results Wednesday and expects to hit a $1 trillion target by year's end
Previously a mortgage broker, the addition of direct loans expands Rocket Mortgage Canada's product set and allows the company to match clients with real estate agents
A decrease in applications for FHA loans popular with first-time homebuyers helped push the average purchase loan application to $432,700, according to the latest MBA lender survey
The solution will allow users to search within a network of reputable, verified lending sources that can customize mortgage needs accordingly, the company said
San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a 'cash-equivalent offer' on their next home with real estate agents of their choice
Deals with Capital Title of Texas and Near North Title Group follow on sale of 22 retail title locations and operations centers in California to Williston Financial Group
Requests for purchase loans are still down 21% from a year ago last week, even as mortgage rates retreat from 2023 highs on encouraging inflation news
Lack of inventory driven by mortgage lock-in effect may persist if Federal Reserve maintains 'higher-for-longer' rate strategy to combat inflation: Fannie Mae economists