Some 82% of recent homebuyers said they would be swayed to work with a lender that offered the opportunity to close virtually, according to a report by ServiceLink.

Public-private partnerships are necessary to improve housing affordability, according to Fed Governor Michael Barr.

The financing structure for apartment developments offers banks favorable capital treatment and strong returns.

The real estate analytics and brokerage company filed for bankruptcy protection in an effort to keep its operations afloat and halt foreclosure.

An analysis of earnings reports from 18 lenders showed combined income from production and secondary marketing declined from the first quarter. Servicing income also decreased. (Includes data tables.)

Lenders are pushing for changes to a Colorado rule that will create new obligations for developers and deployers of automated decision-making technology that materially influences consequential decisions.

Mortgage originations through banks’ retail channel increased by 17.2% from the first quarter to the second. Mortgage sale activity was also up, by 6.7%. (Includes two data tables.)

The homebuying platform’s new mortgage platform adds fixed-rate and adjustable-rate purchase mortgages to its product mix.

MSR owners risk paying for fees they’re not responsible for and potentially overpaying for contracts if they don’t regularly review subservicer invoices, said Steve Stone, managing director at consultancy Garrett, McAuley and Co.

CloseClear.ai’s platform monitors mortgage pipelines against live federal disaster data to flag GSE repurchase risk after an appraisal has been completed.