NAMB publicly supports proposal to reinstate prior LLPA structure
The new bill would restrict FHFA adjustments to the single-family pricing framework and prohibit LLPA changes based on debt-to-income ratio.
Survey: High mortgage rates are keeping many Americans from buying a home
Nearly two-thirds of Americans say they are waiting for mortgage rates to drop before entering the market, according to a new survey.
Mortgage rates decline following debt ceiling deal
Mortgage rates fell following the debt ceiling deal, but uncertainty over the Fed's plans have kept them elevated.
Home equity levels decline 0.7% year over year: CoreLogic
Collective home equity dropped an average of $5,400 per homeowner between Q1 2022 and Q1 2023, marking the first decline since early 2012.
Encompass by ICE Mortgage Technology delivers an all-in-one workflow for omnichannel lenders
Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to d…
Is the sinking housing market finally at the bottom?
Market experts offer their insights on the state of mortgage financing and what a ‘new normal’ housing market will likely look like.
For the title industry, new tech means new opportunities for fraudsters
As the title industry has gotten better at combatting wire fraud and even seller impersonation fraud, criminals looking for larger paydays have turned…
Median income earners can only afford 25% of current listings
A report from NAR and Realtor.com found that the housing shortage would be less severe if there were enough homes for all income levels.
Mortgage demand weakens even as rates drop from near record highs
Mortgage rates declined last week from a recent high, but total application activity slipped for the fourth straight week, the MBA said.
