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New listings are up 21% annually, evidence of rate lock weakening.

Change Lending, a CDFI, obtains membership approval from FHLB-SF after meeting all statutory requirements.

San Diego-based lender reports net loss for 2023 despite aggressive growth strategy.

UWM's move comes amid rising credit report charges, providing relief to LOs.

Annual uptick reflects shifting dynamics in housing market: while some states witness decreases, others experience notable increases; South Carolina, Delaware, and Florida top foreclosure rates nationwide.

Net losses for the fourth quarter totaled $59.8 million – a 43% jump from the third quarter “primarily due to revenues decreasing more than the decrease in expenses.”

Latest data from the Mortgage Bankers Association reveals significant shifts in application volume, driven by declining rates and robust refinance demand, while purchase applications show steady growth despite lingering challenges in the housing market.

Program will not reduce consumer costs like Biden administration claims, say trade groups

Specialist in Non-QM and investor rental programs emerges as dominant player.