The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100M a year in response to an 'extremely challenging' lending environment
SingleSource Property Solutions and Voxtur launch an alternative to title insurance that's designed with Fannie Mae and Freddie Mac's new guidelines in mind
Like its sister company, Freddie, Fannie Mae remained profitable in Q2 despite pressure from inflation, rising interest rates and worsening affordability, according to earnings released Friday
The mortgage giant generated more than $2.5B profit and grew its mortgage portfolio despite dramatic declines in new purchase loans and refinancing
The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it's based on a faulty premise
New technology and policy changes at Fannie Mae and Freddie Mac spur innovations by Guild Mortgage and Ready Life to help borrowers without credit scores and good payment histories
Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced
The partnership integrates Indecomm's automated income calculation technology, IncomeGenius, into the Roostify Beyond platform to analyze income of self-employed borrowers
CoreLogic reports the number of people behind on their mortgage payments fell to a new record low, helped by rise in home prices and past government protection
Researchers at the mortgage giant point to 4 things that drove the meteoric rise in home prices over the past few years. Investors weren't one of them
The market is reaching a turning point in which price reductions are more common. But that doesn't mean homes can't still appreciate in value
Before taking on the role of CoreLogic's chief economist, Nothaft spent nearly 3 decades at mortgage giant Freddie Mac
The 'coding issue’ reportedly affecting about 12 percent of credit scores calculated from March 16 to April 6, 2022, has been corrected, according to the company.
Rates on 30-year fixed-rate mortgages have dropped 20 basis points in two weeks, the most dramatic decline since April 2020
The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries