ATTOM: Drop In Refinancing Prolongs 2Q Mortgage Lending Slump
Refinance lending fall 36% quarterly as total loans decreased another 13%.
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Sarah Wolak
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UWM Offering HELOCs, Doubles VA Jumbo Loan Limit
Boosts VA jumbo loan limit to $4 million.
Black Knight: Delinquencies Increased Nearly 2% in July
The national foreclosure rate remained just above the record low set in May.
FHFA To Create Advisory Committee On Affordable, Equitable, & Sustainable Housing
The committee will focus on FHFA’s regulated entities like Fannie Mae, Freddie Mac & Federal Home Loan Banks.
Freddie Mac Multifamily Names New SVP Of Underwriting And Credit
Ian Ouwerkerk had served in role on an interim basis since 1Q 2022.
Gambling On A Fully-Mobile Mortgage Future
Developer of Bee app claims an entirely contactless process coming soon
Mortgage Banker
July 2022 Funded Mortgage Volume Decreased 53% From 2021
Curinos’ latest ‘Mortgage Hot Topics’ data, released on August 4, revealed that funded volume in the retail channel was down 57%.
Zillow Introduces AI To Home Shopping
Using Zillow's AI-generated floor plan tool, U.S. Home shoppers can get a deeper sense of a home without stepping inside.
Redfin: Homebuyers Return As Mortgage Rates and Prices Drop Steadily
Indicators of homebuyer activity ,such as online searches, requests for tours and agents’ help and mortgage applications, rose as mortgage rates fell below 5%.
About 6M U.S. Homes Not Suitable To Live In: Porch
In its recent Housing (In)Adequacy Index, Porch says Pittsburgh ranked high with homes facing serious living concerns.