Applications for mortgage purchase loans fell for the second week in a row at the end of April, according to the Mortgage Bankers Association’s weekly mortgage application survey. Continue reading
With home values soaring and mortgage rates still near historic lows, homeowners are cashing out home equity at volumes not seen since the height of the housing bubble. Continue reading
Genworth Mortgage Insurance Corp. will rebrand as Enact in a partial IPO that values the company at $3.6 billion and paves the way for a future spin-off. Continue reading
CoreLogic expects national home price appreciation to cool to 3.5 percent by next year, identifies some markets at risk of price declines. Continue reading
BoldMortgage offers individuals and small teams access to many of the capabilities of Propertybase’s enterprise-level mortgage business growth platform, Unify. Continue reading
Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this “bellwether” group have either resumed payment on their loans or paid them off. Continue reading
Zonda, a provider of data intelligence, lead generation and engagement tools to the homebuilding industry, is rapidly scaling up its capabilities through a string of acquisitions. Continue reading
LoanDepot has formed three joint ventures with builders in just over four months. Continue reading
Google Cloud may be making waves in the world of intelligent document processing with the rollout of a purpose-built solution for the mortgage industry, Lending DocAI, but there are at least 27 technology vendors competing in the space. Continue reading
The Federal Reserve restated its intent to keeping a lid on interest rates, saying the pandemic “continues to weigh on the economy, and risks to the economic outlook remain.” Continue reading