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The Department of Veterans Affairs ended a break for borrowers put at a disadvantage by a discontinuation of pandemic aid as they transitioned to a new program.
February 21
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Potential policy changes, a growing product niche, new thinking about whether to outsource and technology innovations are transforming the industry.
February 20
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When a house is lost, so is much of the collateral on the mortgage. Here's how both lenders and homeowners can bounce back.
February 20
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Ice storms, straight-line winds and tornadoes occur more frequently than hurricanes and earthquakes and those insurance claims can stack substantially.
February 20
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More government-backed loans shifted out of forbearance, while the share of portfolio and private-label securities loans remained flat from December.
February 18
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The private mortgage insurers reported just 5% less business versus the third quarter and 33% more new insurance written over the fourth quarter 2023.
February 18
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A series of moves aimed at deleveraging its balance sheet led to the loss, but the bottom line improved markedly over 2023.
February 13
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Foreclosure filings increased 7% in January from December, which could be a housing market starting to experience trouble, or a post-holiday return to normal.
February 13 -
The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and valuation adjustments in its favor.
February 12
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The MBA disclosed the year-end rankings of income-producing mortgage servicers at its yearly conference for this part of the industry.
February 11
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Experts said the government-sponsored enterprises could change their tack on some of the innovation seen since the pandemic in loss mitigation, lending and technology.
February 10
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Abandoning recent improvements in federal mortgage loss-mitigation programs would be a mistake, writes the president of the Center for Responsible Lending.
February 7
The Center for Responsible Lending -
On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable.
February 6
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Delinquencies are higher in one sector but overall pretax operating income is at a multi-decade high and adding to profit from originations.
February 6
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The mortgage arm of Rithm Capital saw profits surge in the fourth quarter, as the parent company looks to scale up before making any moves to separate.
February 6
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HUD, Ginnie Mae and USDA weighed in on the status of recent actions, some of which could change due to transitions in Washington.
February 6
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Completed foreclosure auctions should be 8% lower this year, but if home value and unemployment expectations change, all bets are off, Auction.com said.
February 5
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The newly created entity, Rithm Acquisition, is a possible, albeit unlikely, way to finally take its NewRez mortgage lending business public.
February 4 -
The move extends the technology company beyond origination functions by pairing it with a former Mortgage Builder platform its parent company also owns.
February 4
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Excess capacity remains in the mortgage origination cycle, and lenders need to cut costs and end the boom-and-bust hiring, Boston Consulting Group said.
February 4
