Tag Archives: mortgage

Fannie and Freddie get green light to buy $1M mortgages

By | | Uncategorized
Comments Off on Fannie and Freddie get green light to buy $1M mortgages

The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading →

Mortgage demand up for 3rd week in a row as rates continue to ease

By | | Uncategorized
Comments Off on Mortgage demand up for 3rd week in a row as rates continue to ease

Economists forecast mortgage rates will continue to fall as Federal Reserve minutes suggest policymakers are preparing to wind down an aggressive campaign to fight inflation. Continue reading →

Fidelity paying Black Knight $225M to bring TitlePoint back into the fold

By | | Uncategorized
Comments Off on Fidelity paying Black Knight $225M to bring TitlePoint back into the fold

With ICE’s acquisition of Black Knight pending, title insurer exercises right to buy back title search and order management solution. Continue reading →

Fannie Mae economists see home sales bottoming next year

By | | Uncategorized
Comments Off on Fannie Mae economists see home sales bottoming next year

Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — “will remain in a way that has not occurred in over 40 years,” economists say. Continue reading →

First American’s PRISM platform evolving beyond title insurance

By | | Uncategorized
Comments Off on First American’s PRISM platform evolving beyond title insurance

After paymints.io deal, First American is evaluating additional third-party integrations to simplify transactions from point of sale to handing over the keys. Continue reading →

Surveys reveal why some buyers don’t shop for a mortgage

By | | Uncategorized
Comments Off on Surveys reveal why some buyers don’t shop for a mortgage

Shopping around can save thousands of dollars, but one in three prospective homebuyers only get a quote from one lender, Freddie Mac surveys show. Continue reading →

Carrington grudgingly signs off on $5.25M COVID-19 relief settlement

By | | Uncategorized
Comments Off on Carrington grudgingly signs off on $5.25M COVID-19 relief settlement

CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren’t fully informed of their options. Continue reading →

Homebuyer demand picks up again as mortgage rates retreat below 7%

By | | Uncategorized
Comments Off on Homebuyer demand picks up again as mortgage rates retreat below 7%

While purchase loan applications were up 4 percent week over week, there’s still “very little refinance incentive with rates so much higher than last year,” MBA economist says. Continue reading →

The Agency expands to include mortgage and other services

By | | Uncategorized
Comments Off on The Agency expands to include mortgage and other services

Luxury brokerage The Agency announced national partnerships Friday with CrossCountry Mortgage, Choice Home Warranty and home inspection provider Pillar to Post. Continue reading →