Lending and Originations

"The Federal Reserve has increased rates every time it has met for over a year, so the pause on rate hikes last month and the fact that we've likely reached a near peak may offer some respite for buyers," said Steve Kaminski, Head of U.S. Residential Lending for TD Bank.

Despite mortgage rates reaching their highest levels since November 2022, overall app volume rose week-over-week, led by an increase in both FHA and VA purchase applications.

The sales numbers may not be where lenders would like to see them yet, but people do want to buy, according to new research, and Matthew Woodhouse of ServiceLink breaks down what homebuyers are saying, and what lenders can do to win their business.

While a small fraction of RON transactions may involve fraudulent activity, Brooke Adams of Stavvy discusses the advanced tools at the disposal of the industry to stay ahead of bad actors.

“Mortgage credit availability was essentially unchanged in June, remaining close to the lowest level since early 2013, as the industry continues to operate at reduced capacity,” said Joel Kan, Mortgage Bankers Association VP and Deputy Chief Economist.

According to STRATMOR, a mortgage consulting firm, there is no version of the future that does not include AI. In their words, “that genie is out the bottle, and the only thing that will determine whether it will be good or ill will be the wishes we make.”

The Department has initiated public housing inspections under the National Standards for the Physical Inspection of Real Estate rule to address substandard rental properties and promote compliance with health and safety standards.

Rep. Nick LaLota's HR 3186 will provide financial assistance for supportive services for very low-income veteran families in permanent housing.

In his new role overseeing First American’s corporate product development team, accomplished tech leader will lead enterprise product development, enhancing products serving customers across multiple divisions.

Redfin reports that—for the first time since August 2022—the average sale-to-list price ratio has surpassed 100%, with low inventory and steady demand driving up home prices nationwide.