News

A new report found several banks are making it difficult to be approved for a mortgage, with many raising the credit limits.

Here's how the industry reacted to the most recent unemployment data from the Department of Labor.

Are the lowest readings since 1971 enough to sway prospective homebuyers?

Q1 2020 also saw the largest jump in median prices since 2013. Click through to read more information.

The latest episode of DS5: Inside the Industry features interviews with William Case, President and Chief Executive Officer of American Mortgage Service Company and Ed DeMarco, President of the Housing Policy Council as they delve into actions by the federal government.

While millions of borrowers were quickly approved for forbearance on their mortgage loans, what follows could be confusion and chaos, according to some.

Additional reports on the expansion of a mortgage lender in Texas and how one company is using AI to improve mortgage processes.

The program is designed to help banks, credit unions, and other lenders support small businesses with payroll funding during the COVID-19 crisis.

The U.S. Department of Justice announced a mortgage company agreed to pay more than $15 million to resolve allegations that date back to 2008.

The company said it has “increased our focus on our current customers” and that the platform accounted for less than 5% of its total originations volume.