Home prices declined on a monthly basis for the second consecutive month in July, according to FHFA.

Better, which does not service loans, has new originations partnerships with two unidentified companies.

One senior vice president of AI solutions at Lennar Mortgage said there are various reasons for lenders’ hesitancy in adopting AI.

The last time Chase issued an MBS focused on ARMs from other lenders was 2019.

DART is a lien and eNote registry built on the Provenance blockchain.

The average interest rate on a 30-year fixed-rate mortgage increased by four basis points from last week to 6.30%.

Hugh Frater, a former CEO of Fannie Mae, warned that merging the GSEs could reduce incentives for innovation and competition on pricing, among other issues.

Redfin cited four factors suppressing demand for home purchases: high home prices, elevated interest rates, limited inventory of homes for sale and economic uncertainty.

A pending proposal from the CFPB aims to clarify obligations imposed by the Equal Credit Opportunity Act.

Refi business could spike by upwards of 70% next year thanks to expectations for lower interest rates, according to economists at Fannie Mae.