Inflation, rate increases pose risks to housing market, Fannie Mae says
In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June
by Matt Carter May 19
Doma adds Wells Fargo as a client as it prepares to go public
The startup, which is aimed at digitizing the transaction process, plans to go public through a blank check merger with Capitol Investment Corp. V
by Matt Carter May 18
Knock builds executive team as it prepares to go public
The 'Home Swap' provider is aiming to boost headcount by 5X this year, with an eye toward expanding into 100 markets by 2023
by Matt Carter May 18
Black Knight acquires analytics firm eMBS Inc.
Building on last year's Optimal Blue deal, Black Knight strengthens its secondary mortgage market offerings
by Matt Carter May 17
Share of mortgages in forbearance continues to dwindle
But an estimated 2.1 million homeowners are still taking a break from mortgage payments
by Matt Carter May 17
Demand for mortgages sagged in April even as rates remain near historic lows
Drop in purchase loan originations may be another sign the market is topping off
by Matt Carter May 17
Half of big lenders still get most mortgage applications on paper
Survey also finds borrowers were more likely to consider just one lender in 2020 than was the case in 2018
by Matt Carter May 14
Genworth postpones IPO of its mortgage insurance business
The company cited volatility in trading of mortgage insurance companies as the reason for delay
by Matt Carter May 13
Inflation concerns not reflected in latest mortgage rate survey
A weekly Freddie Mac survey doesn't fully reflect new data that's pushed rates up this week on inflation worries
by Matt Carter May 13
'Should I pay down a collection?' How to answer clients
Consumers who've had a collection hit their credit report might be wondering if they should pay it off or hold off. Micah Curtis shares the right move to make — and the answer is not what you might think
by Rick Guerrero May 13
Quicken Loans will officially rebrand as Rocket Mortgage
Rocket Mortgage has eclipsed the Quicken Loans brand in the minds of consumers so the company plans to officially change its name on July 31
by Matt Carter May 12
Dip in mortgage rates boosts interest in purchase loans, refinancing
'Robust demand' for purchase loans continues to be constrained by scarce listings and shortages of buildings materials, according to the Mortgage Bankers Association
by Matt Carter May 12
Guild Mortgage acquires foothold in the Northeast
The deal to buy South Portland, Maine-based Residential Mortgage Services for $197M is Guild's seventh acquisition since 2008
by Matt Carter May 11
Better is the latest mortgage company to go public
With $778M in IPO funding, the company also aims to grow its real estate brokerage and title insurance businesses
by Matt Carter May 11
End of mortgage payment relief looms for 2.2M homeowners
The share of homes in forbearance continues to dwindle, but many owners haven't made a payment in 12 months or more
by Matt Carter May 10
Fannie, Freddie must curb appetite as demand for second homes soars
The trend toward remote work, along with the rising value of stock portfolios and home values, has fueled the demand
by Matt Carter May 10