Consider yourself a scholar of the latest mortgage servicing litigation and Fannie Mae announcements? In this week's National Mortgage News quiz, test your knowledge on articles covering earnings reports, homeowner equity, and more!
Investors bought 15.9% of U.S. homes sold in Q3, according to Redfin, a level similar to 2018 and 2019, when the share was around 14%.
The development is the latest in an ongoing series of initiatives the Department of Housing and Urban Development has introduced to encourage growth of the factory-built construction segment.
Serious mortgage delinquencies are at their highest since May 2023, and early payment default activity is also a concern, ICE Mortgage Technology said.
A federal court ruled the plaintiff wants "sweeping reforms the court is powerless to give."
The Great Financial Crisis changed not only how Luxury Mortgage operated, but what its name stands for, shifting from the high-end of the market, founder David Adamo said.
Nonbanks with servicing portfolios saw earnings dip, while expenses for most shot up in anticipation of more origination volume.
