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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.
Jeryl Graham hired to accelerate growth in title & mortgage services.
JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.
MBA's Mortgage Credit Availability Index rose 1.5% last month, the third consecutive monthly increase.
The ESR Group expects The Federal Reserve to begin tapering assets in the purchase program by the end of the year.