Most Recent Industry News News

Mortgage volumes see first back-to-back fall in 2 months

Mortgage volumes see first back-to-back fall in 2 months

Homes in Centreville, Maryland.Nathan Howard/Bloomberg Home loan applications fell in consecutive weeks for the first time in two months, according...

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Warren seeks records on ‘zombie’ second mortgages after crisis

Warren seeks records on ‘zombie’ second mortgages after crisis

A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking...

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Experian responds to FICO, offers VantageScore 4.0 for free

Experian responds to FICO, offers VantageScore 4.0 for free

Amidst a credit score war, Experian has thrown the latest punch. The data and technology company will now offer VantageScore...

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ChatGPT, Gemini increasingly used in home buyer searches

ChatGPT, Gemini increasingly used in home buyer searches

When it comes to learning about today’s housing market, a majority of potential buyers are going digital, turning toward artificial...

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Mortgage applications increased for the third straight week

Mortgage applications increased for the third straight week

Application gains slowed to a crawl last week after soaring earlier as fixed rates that dominate the market experienced a...

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Rithm Capital acquires asset management firm Crestline

Rithm Capital acquires asset management firm Crestline

Rithm Capital announced a new acquisition that adds an insurance business and further boosts its efforts to grow beyond its...

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OCC rolls back disparate impact oversight

OCC rolls back disparate impact oversight

The Office of the Comptroller of the Currency is rolling back disparate impact supervision for banks, it announced Monday. As...

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Panorama Mortgage adds new TPO brand Travisa Financial

Panorama Mortgage adds new TPO brand Travisa Financial

Panorama Mortgage Group, parent company of several lenders focused on affordable homeownership, announced the launch of a new mission-driven wholesale...

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Redfin investor seeks $450k for “intense” effort, legal fees

Redfin investor seeks $450k for “intense” effort, legal fees

The Redfin investor who sued the real estate brokerage and Rocket Companies for allegedly failing to disclose key information about...

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Mortgage lender Rate turns focus to nontraditional income

Mortgage lender Rate turns focus to nontraditional income

National lender Rate Cos. unveiled a new product strategy this week aimed to serve entrepreneurs and other self-employed individuals with...

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