Better Home & Finance Holding Company (NASDAQ: BETR), and Coinbase (NASDAQ: COIN) have partnered on the introduction of cryptocurrency-backed mortgages that will be backed by Fannie Mae (OTCQB: FNMA). The new mortgages will be originated and serviced by Better,...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has filed new criminal referrals accusing New York Attorney General Letitia James of mortgage fraud. CBS News reports Pulte sent a letter to Florida prosecutors claiming James could have submitted false...
The national mortgage delinquency rate rose by 7 basis points (bps) in February to 3.72%, driven by a 4% seasonal rise in early (30-day) delinquencies and a 3% rise in seriously delinquent (90-plus day) loans. According to data from Intercontinental Exchange Inc....
Sen. Josh Hawley (R-MO) announced he has begun an investigation into the Fair Isaac Corp. (NYSE: FICO) to determine if the company’s pricing practices in the mortgage credit scoring market has contributed to the affordability challenges in the housing market. Hawley...
Mortgage application activity slowed during the week ending March 20, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 10.5% on a seasonally adjusted basis from one...
Mortgage rates surged in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of March 19, up from last week when it averaged 6.11%. A year ago at this time, it averaged 6.67%. The 15-year...
Serial Squatter Sentenced to 20 Years in Texas Fraud Case
30-Year Fixed-Rate Mortgage Rises to 6.71%, Highest Level in Over a Year
