Surge in Q3 home price appreciation pushes conforming loan limit in high-cost markets to $1,149,825 for one-unit properties, and up to $2,211,600 for four-unit properties. Continue reading
Fidelity National Financial acknowledges that a “cybersecurity incident” disrupted the provision of title and escrow services and other technology and mortgage services. Continue reading
Two closely watched forecasts agree that mortgage rates have probably peaked, but diverge sharply on how quickly they’ll come down over the next two years. Continue reading
Requests for purchase loans were up 4 percent last week compared to the week before, but down 20 percent from the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Continue reading
Neither brand recognition nor the promise of lower rates were as valuable to agents as a mortgage lender’s ability to reliably obtain funding, according to results from the latest Inman Intel Index. Continue reading
Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands. Continue reading
Homebuyers don’t just want good rates, they want lenders to solve problems that will keep them from getting to the closing table, J.D. Power finds. Continue reading
Tuesday’s big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Fed is done hiking rates and may reverse course in the spring. Continue reading
“The Wall Street Journal” alleges UWM CEO and Phoenix Suns owner is “charting a risky path in both business and sports,” but the Ishbia family is raking in hundreds of millions of dollars in profit even when the company is losing money. Continue reading
Co-branded ComeHome solution on Ally’s website will provide would-be homebuyers with access to listings and loan options and encourage existing homeowners to explore refinancing and HELOCs. Continue reading