A reported plan by the Federal Housing Finance Agency to shift Fannie Mae and Freddie Mac mortgage loans toward two-bureau credit reports has put the mortgage industry on notice. But the most consequential details for lenders and borrowers remain unanswered.Bloomberg...
Serious delinquencies on Federal Housing Administration-insured mortgages are putting renewed pressure on first-time and lower-down-payment homeowners, with the Houston area showing signs of stress as insurance, utilities and other household costs rise.In the Houston...
eXp Realty is taking a different approach to artificial intelligence: instead of requiring agents to adopt another proprietary chatbot, the brokerage is opening connections between its business systems and AI assistants agents already use.At eXpcon in Salt Lake City...
Mortgage rate-lock activity declined sharply in September as higher borrowing costs and a selloff in bonds weighed on lending pipelines, according to Mortgage Capital Trading’s October Lock Volume Indices.Total rate-lock volume fell 10.15% from August, while...
Better Home & Finance Holding Co. has authorized a share repurchase program of up to $30 million as the digital mortgage company pursues expense reductions and a proposed sale of its U.K. banking business.According to the company’s October 8 announcement,...
Trump Approves Emergency Aid for 76 Georgia Counties After Hurricane Isaias
