Evergreen Home Loans hiring to serve 29 additional states

After setting up shop in 11 new states, lender’s “strategic expansion into carefully identified markets nationwide” will include 18 additional states before next year’s spring homebuying season. Continue reading

Government regulator lets BofA mortgage off the hook 3 years early

The 2023 order, aimed at ensuring the collection of information about applicants’ race, ethnicity and gender, wasn’t scheduled to be lifted until 2028. Regulators say the bank has fulfilled its obligations. Continue reading

Older buyers prioritizing lifestyle over climate risk, Redfin says

In 2023, nearly 37 percent of homes bought by individuals aged 65 and older were located in areas with high risk of extreme heat, compared to 32.3 percent of homes purchased by those under the age of 35. Continue reading

Spike in refis led last year’s home-lending boom, new data shows

Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom. Continue reading

Keep your eye on these top 10 purchase lenders this year

Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Continue reading

Here are the top 10 mortgage lenders for 2020

The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from the previous year. Continue reading

Feds want looser data reporting regulations for smaller lenders

Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Continue reading