New mortgage-origination data show a steep decline in FHA purchase lending to nonpermanent residents following a federal eligibility change that took effect in May 2025. The borrowers accounted for approximately 5.8% of FHA purchase originations before the change and...
Mortgage rates have climbed for seven consecutive weeks, reaching a level that is reshaping what prospective buyers can afford. The average 30-year fixed rate rose to 7.40% for the week ending October 8, according to Freddie Mac, compared with 7.28% the week before...
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...
Fitch Warns Mortgage Lenders Face 2027 Squeeze as Servicing Exposure and De…
