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Faced with market challenges, Fannie Mae reintroduces a Notice of Potential Defect, allowing lenders a grace period to rectify significant loan issues before repurchase requests, amid calls for broader industry reform.
Panel anticipates 3.8% annual increase, with majority seeing upside risk amidst ongoing housing challenges.
Despite overall stability, 17 states witness yearly increases; concerns arise over consumer credit performance amidst economic shifts.
More sellers are listing their homes, but mortgage rates and steep home prices are suppressing sales.
Mortgage Bankers Association's Purchase Applications Payment Index (PAPI) highlights nationwide increase in median payments, potentially hampering spring homebuying season.
In a diverse mortgage environment, MLO recruits are not one-size-fits-all
Rocket Pro Originate, a platform serving real estate agents and financial professionals, announces closure.
Saluting women leaders, champions, and mentors
UWM Chairman and CEO Mat Ishbia optimistic despite financial setback, cites operational profitability and broker dominance.