Many of these types of cases are settled out of court, one attorney noted...

“There have been just two months in the past decade with fewer home sales [than in May 2024]: October 2023, when mortgage rates jumped to a 23-year high, and May 2020, when the onset of the pandemic brought the housing market to a halt and home sales to a record low,” Redfin said.

The Fed’s actions Wednesday didn’t change the MBA’s forecast for mortgage rates.

Redfin’s homebuyer demand index declined by 2% on a monthly basis in early June.

The big question, according to some of JPMorgan's warehouse competitors, is how many of Flagstar's customers will stay with the megabank.

The termination only applies to activity in the Des Moines, IA, HUD field office.

Panelists spoke Tuesday at an event hosted by the Bipartisan Policy Center.

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.

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.