Mortgage Industry News
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
Robinhood Teams with Sage Home Loans on New Mortgage Offer
The new offer was first piloted during the summer to a small group of Robinhood Gold subscribers. Continue Reading Robinhood Teams with Sage Home Loans on New Mortgage Offer
Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros
Zillow attributed the latest statistics to declining mortgage rates. Continue Reading Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros
Mortgage Rates Fall to 19-Month Low
The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Fall to 19-Month Low
Mortgage Application Activity and Credit Availability Record Upticks
The Market Composite Index increased 1.4% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability Record Upticks
Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
CFPB Director Rohit Chopra describes his agency’s approach to regulating mortgage refinancing. Continue Reading Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor
The financial terms of the deal were not disclosed. Continue Reading reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor
Better.com Unveils FHA Streamline Refinance Product
Vishal Garg, CEO and founder of Better.com, said the product reduces “the traditional barriers that exist for FHA borrowers.” Continue Reading Better.com Unveils FHA Streamline Refinance Product
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. Continue Reading Mortgage Rates Remain Flat
Mortgage Application Activity Up 1.6%
Among the federal programs, the FHA share of total applications decreased to 14.6% from 15.3% the week prior. Continue Reading Mortgage Application Activity Up 1.6%
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29. Continue Reading Mortgage Rates Drop Again
Home Mortgage Lending Records Q2 Rebound
Purchase loan activity was up by 32.7% while refinance deals rose by 10.3%. Continue Reading Home Mortgage Lending Records Q2 Rebound
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