Redfin reports that starter homes are 4% costlier than last year while the MBA says overall homebuyer affordability improved in the short term.

MBA urged the CFPB to immediately provide written guidance on the matter, noting the final rule takes effect Sept. 16.

CFPB Director Chopra said contract-for-deed sales might sound like a path to homeownership for those who feel they have no options, but they have real risks.

A year ago Freedom ranked 22nd among home lenders. Today it ranks fourth.

Rocket is offering the program through its retail and wholesale outlets.

High interest rates and low supply continue to affect the availability of the affordable homes required to fulfill the GSEs' housing goals.

Mortgage technology providers believe originators should look to invest in new technology now before volume picks up later this year.

FHA accounted for 59.5% of government-insured originations in the second quarter.

Hurricane Beryl prompted an estimated 10,000 new delinquencies in the Houston area in July, according to ICE.

New construction will play a larger role in the purchase market over the next few years, according to Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association.