At minimum, low- and moderate-income homebuyers can benefit from shared-equity homeownership instead of renting.

Potential first-time homebuyers are facing affordability issues due to elevated home price appreciation. And though home price appreciation is slowing, interest rates are set to rise.

Financial technology lender SoFi is set to acquire a bank; United Wholesale Mortgage will cover appraisal costs on purchase mortgages through the end of March; mortgage tech companies raise capital; CoreLogic offers new fraud-detection service; low-code marketplace launched.

There is some evidence that production was less efficient in the third quarter, but profitability was up anyway. Servicing income was clearly stronger. (Includes data chart.)

Low-income first-time homebuyers face higher closing costs than others receiving purchase mortgages, according to economists at Fannie Mae. The GSE is suggesting changes that could fix some of that.

Pentagon Federal Credit Union, commonly known as PenFed, has entered the arena of lending money to nonbank primary market originators. Details? So far, there are few.

Post-purchase reviews show an uptick in loans with key defects, especially for self-employed borrowers.

With interest rates on the rise, refinance volume is expected to drop in 2022. Purchase-mortgage lending could hit a record level, but it won’t fully offset the loss in refis, putting pressure on margins.

With the refinancing boom waning, experts are suggesting lenders look at low- to moderate-income consumers for growth opportunities.

Institutional investors have several advantages compared to owner-occupant borrowers when it comes to purchasing homes that need substantive repairs.