Lenders are
Mortgage applications
Brokers are still citing some victories, however, while regulators have given the industry some breathing room. Read on to learn what's on the minds of industry professionals this month.
Expanded data shows home prices rose over 5% annually at the end of the third quarter, prompting the FHFA to boost mortgage loan limits accordingly.
Southern Trust Mortgage claims its former LO, now employed with Movement, stole thousands of confidential files and its customers.
The median monthly payment amount for new purchases moved higher for the first time in six months, according to the Mortgage Bankers Association.
The president-elect had billed his hardline stance on the border and promised deportations as a solution to tight housing markets. Experts say those policies, at least in terms of housing, could do more harm than good.
The three credit repositories are just as responsible as FICO for the third price increase in three years, the group representing credit report resellers argues.
Those who don't retain MSRs or have a buyer agreement accommodating a recapture strategy will face challenges, one panelist warned at an industry meeting.
