- Sep 16-17, 2025|San Diego, CA
The average price of a single-family home increased 1.7% from last year to $426,800 in the third quarter.
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The volume of home equity lines of credit expanded for the 14th consecutive quarter, driven largely by fintechs and other nonbanks that are accounting for more and more of the business.
November 7
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A trade group for participants in the clean energy loan program argues the upcoming regulations will be too burdensome and costly for participants.
November 7
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Company leaders said current strategy sets it up to profit and compete against its rivals as the mortgage market improves in the coming months.
November 6
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The average price of a single-family home increased 1.7% from last year to $426,800 in the third quarter.
November 6
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Federal Reserve Gov. Christopher Waller said there was a popular "misunderstanding" Thursday regarding who can qualify for a "skinny" master account, noting that only firms with a bank charter would qualify for approval.
November 6
Intermediary automation has increased the immediate availability of product, pricing and eligibility information to both sides of the mortgage business.
Elimination of the mundane and the elevation of specialized experts able to train AI are among the changes the mortgage industry may see, its leaders say.
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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In markets across the US, homebuilders sitting on unsold inventory are subsidizing mortgage rates so heavily they sometimes match the record lows last seen during the Covid-19 pandemic.
November 6
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The lender reported $33.3 million in net income in the third quarter this year, up from the second quarter and same period a year earlier.
November 5
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Previously, Kim was a managing director in J.P. Morgan Chase & Co.'s strategic investments group, where she managed a diverse portfolio of fintech investments.
November 5
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At its first investor day in a decade and a half, the nation's second-largest bank pegged its guidance for return on tangible common equity at a slightly higher level than what it reported last quarter. Not all investors were impressed.
November 5
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The latest sale consists of close to 1,200 HECMs secured by vacant residential units found in 46 states, according to data provided by the government agency.
November 5
