Purchase loan applications surged for the second week in a row last week, but now rates are headed back up as worrisome inflation data casts…
Posts published in “Mortgage”
The San Diego-based lender has completed five acquisitions in the past 18 months, unfazed by a 21 percent drop in mortgage originations and $39.1 million…
As mortgage rates soared last year, loanDepot saw 2023 loan origination volume plunge by 58 percent from the year before, to $22.7 billion. Source: Inman…
Lender Intelligence harnesses advanced data science and machine learning tools to give lenders a holistic view of their business and the wider competitive landscape. Source:…
Nation’s largest mortgage lender trims its servicing portfolio by nearly one-fourth, selling $70 billion in mortgage servicing rights for $941.2 million. Source: Inman News
The surprise announcement comes as the Biden administration rolls out a $7.3 trillion budget proposal that would provide $258 billion to expand access to affordable…
In a pilot program announced last week, the Biden administration cleared the way for Fannie Mae and Freddie Mac to let some homeowners refinance mortgages…
California to use lottery system to allocate $220 million in “Dream for All” shared appreciation loans that cover down payments for first-time homebuyers. Source: Inman…
Purchase loan applications jump by a seasonally adjusted 11 percent after five consecutive weeks of declines as mortgage rates continue to retreat from 2024 highs. …