Tag Archives: mortgage

Fannie and Freddie boost profits even as mortgage business tanks

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The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years. Continue reading →

Unlock homeownership with down payment assistance programs 

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As a real estate agent, it’s not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place. Continue reading →

How to beat your buyer’s biggest obstacle to purchasing a home

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Down payment assistance programs can help more people make their dreams of homeownership come true, including up to one-third of all borrowers who fail to qualify without DPA. Continue reading →

What’s to like (or not to like) about your in-house lender? Pulse

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Does your in-house lender function more as a trusted resource or as a barrier to getting your deals done in a timely manner? Continue reading →

New video explores potential for AI bias in mortgage lending

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Experts participating in BAD INPUT argue technology could expand access to credit, but also perpetuate discriminatory lending unless it is closely overseen. Continue reading →

Stricter rules eyed for controversial PACE energy improvement loans

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PACE loans can burden homeowners with higher property tax bills that heighten the risk they’ll get behind on their mortgages, federal regulators say. Continue reading →

What agents need to know as the complex mortgage fee hike kicks in

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Loan-level pricing adjustments — a fee on mortgages — led to widespread misinformation leading up to the May 1 hike. Inman spoke to experts about what the changes mean for homeowners. Continue reading →

Inman unveils its inaugural 2023 ‘Best of Finance’ award winners

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For the first time in its history, Inman recognized more than 120 companies for their influence and ingenuity in the mortgage and financial services space. Continue reading →

Mr. Cooper says it will use AI to service $1 trillion in mortgage loans

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The loan servicer spends “several hundred million dollars a year” on call center operations and expects $50 million in annual savings at the outset of a ‘multiyear’ artificial intelligence project. Continue reading →

Impac Mortgage kicked off of NYSE American exchange, shares plunge

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The non-QM lender has kept the doors open by slashing costs and repositioning its retail consumer direct channel, CashCall Mortgage, to be a mortgage broker. Continue reading →