The second calendar year of the COVID-19-era found those in the mortgage industry making hay while making way for shrinking margins as the number of new rate-and-term refinances started to decline from record highs.
While
The second calendar year of the COVID-19-era found those in the mortgage industry making hay while making way for shrinking margins as the number of new rate-and-term refinances started to decline from record highs.
While
Critical defects increased for the second consecutive three-month period, with appraisal-related errors nearly doubling, Aces Quality Management said.
The Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory policymaking.
In a congressional hearing, top officials from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency said no new rules will be adopted or proposed this year.
Vista Point Mortgage and Rockport Mortgage reported attacks on their systems, with over 14,000 customers potentially affected by compromised data.
The Federal Housing Administration wants to make it easier for mortgage applicants to use rental income received from boarders in the underwriting process.
Both purchases and refinances came in higher, with government-backed lending providing momentum, the Mortgage Bankers Association said.