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Banks continue to ease mortgage lending standards, but it’s not helping
News 11 hours ago
Banks continue to ease mortgage lending standards, but it’s not helping
Source HousingWire

The Federal Reserve released the latest Senior Loan Officer Opinion Survey on Bank Lending Practices earlier this week. The survey gets it data...

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Freddie Mac: Mortgage rates gradually increase
News 11 hours ago
Freddie Mac: Mortgage rates gradually increase
Source HousingWire

According to the survey, the 30-year fixed-rate mortgage remained unchanged from last week, averaging 4.94% for the week ending Nov. 15, 2018....

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Fortunes reverse as Ditech servicing now props struggling mortgage lending
News 11 hours ago
Fortunes reverse as Ditech servicing now props struggling mortgage lending
Source HousingWire

It’s been quite the year for Ditech as the company emerged from bankruptcy, lost its spot on the New York Stock Exchange due to the poor...

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FHA will not cut mortgage insurance premiums
News 11 hours ago
FHA will not cut mortgage insurance premiums
Source HousingWire

The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive...

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Prominent senators begin bipartisan push to expand Fair Housing Act
News 11 hours ago
Prominent senators begin bipartisan push to expand Fair Housing Act
Source HousingWire

Two of the most notable senators on opposing sides of the political aisle are partnering to unveil a bill that would expand the Fair Housing Act to...

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Fannie Mae expands post-disaster relief services
News 11 hours ago
Fannie Mae expands post-disaster relief services
Source HousingWire

A few months ago, Wells Fargo revealed that it is planning to cut as many as 26,500 of its employees over the next few years as the bank works to...

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FHA: No PLF changes for reverse mortgages
News 11 hours ago
FHA: No PLF changes for reverse mortgages
Source HousingWire

The Federal Housing Administration released its 2018 Report to Congress on Thursday, revealing that the reverse mortgage program continues to be a...

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Mortgage applications can't stay afloat
News 1 day ago
Mortgage applications can't stay afloat
Source HousingWire

Mortgage applications fell 3.2% for the week ending November 9, 2018, according to new data from the Mortgage Bankers Association's weekly Mortgage...

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Redfin partners with Notarize to enable completely online mortgage experience
News 1 day ago
Redfin partners with Notarize to enable completely online mortgage experience
Source HousingWire

Redfin has taken the final step toward providing its clients with a fully digital home buying experience. The listings giant’s mortgage arm has...

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Top multifamily operators band together, plan massive investment in real estate tech
News 1 day ago
Top multifamily operators band together, plan massive investment in real estate tech
Source HousingWire

Some of the multifamily industry’s largest operators are joining together to launch a massive push to invest in real estate technology. Five major...

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Reverse mortgage lender American Advisors Group expands to VA loans
News 1 day ago
Reverse mortgage lender American Advisors Group expands to VA loans
Source HousingWire

Top reverse mortgage lender American Advisors Group has expanded its product offerings to include VA loans. The move is part of the lender’s effort...

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Vacasa wants to help landlords turn empty apartments into short-term rentals
News 1 day ago
Vacasa wants to help landlords turn empty apartments into short-term rentals
Source HousingWire

Vacasa, which bills itself as the “largest vacation rental company” in North America and recently raised $64 million, now has its sights set on the...

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HUD says Homebridge is the industry's top renovation mortgage lender, again
News 1 day ago
HUD says Homebridge is the industry's top renovation mortgage lender, again
Source HousingWire

Amid inventory and affordability concerns, homeowners are increasingly turning to home renovations to meet their housing needs. In fact, reports...

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Figure Technologies debuts alternative lease-back product
News 1 day ago
Figure Technologies debuts alternative lease-back product
Source HousingWire

In October, Figure Technologies entered the home equity space and launched its first-ever product, Figure Home Equity, a hybrid between a...

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Figure Technologies debuts sale lease-back product
News 1 day ago
Figure Technologies debuts sale lease-back product
Source HousingWire

In October, Figure Technologies entered the home equity space and launched its first-ever product, Figure Home Equity, a hybrid between a...

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Goldman Sachs: Fed still has 5 rate hikes to go
News 1 day ago
Goldman Sachs: Fed still has 5 rate hikes to go
Source HousingWire

The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive...

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Fintech lender Prosper enters mortgage arena with eyes on HELOC disruption
News 1 day ago
Fintech lender Prosper enters mortgage arena with eyes on HELOC disruption
Source HousingWire

The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive...

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Hippo raises $70 million in funding with help from Felicis Ventures and Lennar
News 1 day ago
Hippo raises $70 million in funding with help from Felicis Ventures and Lennar
Source HousingWire

The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive...

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Harvard: The average homeowner keeps getting older, and that's a problem
News 1 day ago
Harvard: The average homeowner keeps getting older, and that's a problem
Source HousingWire

As the Baby Boomer population ages en masse, the number of older homeowners in the U. S. has grown significantly. According to a report by the...

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Housing industry pushes Senate to confirm Kathy Kraninger as next CFPB director
News 2 days ago
Housing industry pushes Senate to confirm Kathy Kraninger as next CFPB director
Source HousingWire

Under Mick Mulvaney, the Consumer Financial Protection Bureau (or Bureau of Consumer Financial Protection, depending on who you ask) has taken a...

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Setting the 2019 budget for your mortgage business?
News 2 days ago
Setting the 2019 budget for your mortgage business?
Source HousingWire

2018 has been a difficult year for mortgage lenders, and industry experts predict 2019 won’t be much better. The 30-year fixed-rate mortgage rate...

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Fintech Rundown: Factom, LoanLogics and more
News 2 days ago
Fintech Rundown: Factom, LoanLogics and more
Source HousingWire

Amazon announces HQ2 locations in New York and Virginia Amazon announced Tuesday the locations for its second headquarters, naming Long Island City...

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Zillow’s move into seller leads called “billion-dollar opportunity”
News 2 days ago
Zillow’s move into seller leads called “billion-dollar opportunity”
Source HousingWire

Amazon announces HQ2 locations in New York and Virginia Amazon announced Tuesday the locations for its second headquarters, naming Long Island City...

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Amazon announces HQ2 locations in New York and Virginia
News 2 days ago
Amazon announces HQ2 locations in New York and Virginia
Source HousingWire

Amazon announces HQ2 locations in New York and Virginia Amazon announced Tuesday the locations for its second headquarters, naming Long Island City...

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Amazon breathes life into HQ2 housing markets
News 2 days ago
Amazon breathes life into HQ2 housing markets
Source HousingWire

Amazon announces HQ2 locations in New York and Virginia Amazon announced Tuesday the locations for its second headquarters, naming Long Island City...

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Class Appraisal hires new SVP of valuation transformation and engagement
News 2 days ago
Class Appraisal hires new SVP of valuation transformation and engagement
Source HousingWire

Class Appraisal, a HousingWire Tech100 winner, announced Tuesday that Julie Jones has been appointed senior vice president of valuation...

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CoStar buying Cozy to turbocharge Apartments.com
News 3 days ago
CoStar buying Cozy to turbocharge Apartments.com
Source HousingWire

Apartments.com is already one of the top consumer websites for multifamily real estate, but the website’s parent company is not comfortable resting...

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More Americans are using real estate agents than ever before
News 3 days ago
More Americans are using real estate agents than ever before
Source HousingWire

More Americans are using real estate agents to buy and sell their home than ever before, even among the younger generations. A new Harris Insights...

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Alexandria Ocasio-Cortez struggles to afford rent, like most Millennials
News 3 days ago
Alexandria Ocasio-Cortez struggles to afford rent, like most Millennials
Source HousingWire

Let’s be honest, renters are struggling to navigate affordability nationwide, especially Millennials who on average spend more than 45% of their...

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Wells Fargo fires 2 employees for participation in low-income housing scandal
News 3 days ago
Wells Fargo fires 2 employees for participation in low-income housing scandal
Source HousingWire

Wells Fargo fired two of its employees for their role in connection with a probe into the company’s negotiation and procurement of low-income...

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