Mortgage demand weakened again as borrowing costs climbed to their highest level in nearly three years, adding fresh evidence that the latest rate surge is pushing both homebuyers and refinance borrowers to the sidelines. Mortgage applications fell 4.2% for the week...
The U.S. Department of Housing and Urban Development has selected the National Institute of Building Sciences to lead a new effort aimed at expanding the use of factory-built construction in multifamily housing. The initiative announced Oct. 7 will run for 12 months...
The Department of Housing and Urban Development has opened a fair-housing investigation into Wells Fargo over mortgage and homeownership initiatives designed to increase Black homeownership, escalating a federal reversal on race-conscious credit programs from policy...
United Wholesale Mortgage has removed its minimum credit-score overlays for agency mortgages, a change that gives automated underwriting systems greater control over borrower eligibility across the wholesale lender’s conventional and government loan production. The...
The Consumer Financial Protection Bureau’s examination program has become markedly smaller and less aggressive in 2026, according to new reporting that offers the clearest look yet at how the agency’s announced change in supervisory philosophy is playing out inside...