“Lenders should follow the standard eligibility and comparable sale selection requirements for site-built housing,” Fannie said of 3D-printed homes.

One of Progrexion Marketing’s affiliates falsely advertised that it “guarantee[d] anyone a 0% to 3.5% down home loan no matter how bad their credit is when we start!”

Investors in GSE stock are still pushing for Fannie and Freddie to exit conservatorship...

Rocket Mortgage was the top GSE seller in the direct channels in 23 states in the first six months of 2023. United Wholesale Mortgage was the leader in 12 states.

“FHFA is going to have to step in again, because it’s becoming a big issue,” said Mat Ishbia, president and CEO of United Wholesale Mortgage.

Some of SnapDocs’ clients have embraced eClosings for 70% to 80% of their loans, while others have been slower on the uptake.

A reduction in interest rates wasn't enough to help increase mortgage applications last week.

Among a group of public mortgage companies income from servicing soared from $397.5 million in the first quarter to $1.87 billion in the second.

The Federal Reserve will announce its next decision on interest rates on Sept. 20.

Trade groups representing lenders noted that mortgage originators typically have no control over AVM providers and have no way to assess the goals, design or data inputs that go into the models.