Mortgage lenders lost an average of $1,056 on each loan they originated in 2023, compared to an average loss of $301 per loan in 2022,
A recent flood of homes for sale in certain communities in Florida and Texas has resulted in something considered unusual during the past four years:
Mortgage tax escrow payments for local property owners and government processors continue to serve as a crucial source of revenue for local governments. Among these
Homebuyer affordability worsened in March, as the average mortgage payment applied for by purchase borrowers increased to $2,201, an increase of $17 compared with February
In a move that marks a significant leap forward in the trading landscape of off-screen securities, Agile, which brings mortgage lenders and broker-dealers onto a
The average rate for a 30-year fixed-rate mortgage increased to 7.17% as of April 25, up from 7.10% last week and up from 6.43% the
Pending home sales increased 3.4% in March compared with February and were up 0.1% compared with March 2023, according to the National Association of Realtors
Truv, a provider of income, employment and asset verification solutions, is now integrated with BeSmartee, a provider of point-of-sale (POS) software for mortgage lenders. The
