Total mortgage balances were up 3.2% during the third quarter while total mortgage origination plummeted by 36.5%, according to new data from TransUnion (NYSE: TRU). After recording a slight decline in the second quarter, mortgage balances increased to $11.8 trillion...
Infosys (NYSE: INFY) is collaborating with Better Home & Finance Holding Co. (NASDAQ:BETR, BETRW) to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform. According to the companies, companies that adopt MaaS “can...
Mortgage application activity was on the rise in the latest data from the Mortgage Bankers Association (MBA), which tracked the week ending Nov. 3. The Market Composite Index, the trade group’s measure of mortgage loan application volume, was up by 2.5% on a...
A new alliance of real estate, media, mortgage and veteran service organizations are collaborating on the creation of the #MissionZero campaign, which focuses on educating active-duty military personnel and veterans about the benefits of the VA loan program. Citing...
The Federal Housing Administration (FHA) has extended its disaster-related foreclosure moratorium in Hawaii’s Maui County through May 6, 2024, for borrowers with FHA-insured single-family mortgages, including seniors with Home Equity Conversion Mortgages. FHA...
Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.76% as of Nov. 2, down from last week when it averaged 7.79%. A year ago at this time, it averaged 6.95%. The...
Hits and Misses for the Real Estate Week of June 29-July 3
