Company argues efforts to lower closing costs could transfer risk to lenders, borrowers and investors
Tagged: Refinance
Many prospective refinancers carry mortgage rates above 5%, suggesting demand could accelerate if borrowing costs decline
More than half of first-quarter equity withdrawals came through HELOCs and second liens, according to ICE Mortgage Monitor
Lender rolls out purchase buydown credits, refi pricing incentives and expanded credit score options
Lower rates earlier this year fueled a refinance surge and boosted first-time buyer activity, giving loan officers a more balanced pipeline
Community lender bets on automation to boost loan officer capacity and streamline borrower experience
A more complex market is changing how refinance loans are evaluated, priced, and sold
Optimal Blue data shows purchase activity carrying the market while refinance volume turns more selective
Applications fall double digits as rising rates limit refi opportunities and slow purchase demand
Redfin report shows millions of homeowners could benefit from refinancing but most have yet to act