If the CFPB's proposed ban on medical debt on credit reports is established, the agency estimates that it could lead to approximately 22,000 additional home loans per year.

The growth came largely from purchase-mortgage lending.

According to an analysis by Inside Mortgage Finance of data from the Home Mortgage Disclosure Act, Open Mortgage originated $480.9 million of mortgages in 2023, with FHA loans accounting for 38.6% of that volume.

Many lenders are ceasing operations without filing for bankruptcy.

Newfi said it chose Dunmor as a partner because of its technological expertise in the RTL space.

VA stressed that borrowers should still negotiate their buyer-broker fee and that homebuyers can still ask sellers to pay the fees at closing.

The senator says the FHLBs, which will receive $7.3 billion in federal subsidies this year, paid a whopping $3.4 billion in dividends to members...

The researchers reviewed DOJ settlements with 17 banks and bank affiliates between 2008 and 2017.

Brokers accounted for 19.1% of first-lien originations in the first quarter, up from 17.5% in the previous quarter.

The MBA anticipates that the fed will cut rates in September while some suggest there's a possibility that a rate cut won't occur until 2025.