The service, UWM Appraisal Direct, will be optional and mortgage brokers will still have the option to choose from about 100 UWM-approved appraisal management companies
With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering
Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation's largest lenders
Real estate tech companies are going after mortgage, but now mortgage is going after real estate
HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn't learn that the home was located in a flood zone until they were told by their lender
Rising home sales and prices helped title insurers post their best second quarter earnings ever, thanks to lower claims and a surge in premiums driven by rising home sales and prices
Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as previously anticipated
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic
There's a backstory to Lower that helps explain why the company believes it can now position itself as not just a lender, but 'Everything for your home, for Lower'
In what could be a preview of what's in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, according to the MBA
Plans are intended as roadmap for reducing racial, ethnic homeownership gap over the next 3 years
CoreLogic sees heightened risk of mortgage fraud due to shift to purchase loans
Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago, according to Household Pulse Survey
Flash floods in New York and New Jersey in the aftermath of Hurricane Ida could delay or derail as many as 47,000 pending real estate transactions valued at more than $19.4B