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The Federal Housing Finance Agency (FHFA) said Monday it will take two steps to help make home ownership more affordable and sustainable for mortgage borrowers, especially for those in underserved communities. 

San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.

The Mortgage Bankers Association (MBA) on Monday launched an effort to have its members pledge to promote minority homeownership, affordable rental housing, and company diversity, equity and inclusion.

A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.

Zillow’s stock fell nearly 10% Monday after the company announced its Zillow Offers division would stop buying homes.

Mortgage Bankers Association 2022 outlook also sees continued decline in refinancing loans

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Nate Hernandez was named chief operating officer for Nationwide Mortgage Bankers.

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.