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With U.S. house prices hitting record highs this year, it's clear that it is becoming harder for prospective homebuyers to afford a home, especially if prices are rising faster than income.

Fitch Ratings assigned its expected ratings to Bravo Residential Funding Trust's 2021-NQM3 supported by 934 loans with a total interest-bearing balance of approximately $346 million as of the cutoff date, according to Fitch.

Polly, an SaaS solutions provider for the mortgage industry, announced an integration partnership with Blend, in hopes to drive efficiencies in the loan origination process.

Guild Mortgage introduced a new mortgage product to help medical professionals buy their first home with no down payment.

"August data also suggests that the growth in housing prices, while still very strong, may be beginning to decelerate," says Craig J. Lazzara.

All 4 U.S. regions post month-over-month gains, but 3 of 4 post year-over-year declines.

Higher rates continue to reduce borrowers' incentive to refinance.

Mortgage Coach announced a new integration with HomeBinder aimed to help homeowners stay connected with their lenders.

Firm continues to seek ways to optimize data and improve technology capabilities.