Top U.S. wholesale lender United Wholesale Mortgage (UWM) has taken another aggressive move related to its product set, underscoring its strong commitment to government-backed loans. On Wednesday, the company announced the removal... Read more »
Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for FHA loans — minus collateral... Read more »
The question of where interest rates are headed is a critical one for borrowers, savers, and investors alike. This article dives into expert predictions for the next five years, exploring what the... Read more »
The U.S. Department of Justice (DOJ) announced this week that it has secured a $2.4 million settlement from James B. Nutter & Co., aka Nutter Home Loans, to resolve allegations that the... Read more »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Gil Borok, Colliers U.S. and Latin America CEO, joins ‘Money Movers’ to discuss if Borok thinks rate cuts mark... Read more »
Eager to boost the supply of affordable housing, city officials in Long Beach devised a program that could help a limited number of homeowners build an extra unit on their land. But... Read more »
Global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from home equity solutions provider Unison. Carlyle also made a strategic investment into the San Francisco-based... Read more »
First-time homebuyers made up 55% of agency purchase mortgages in 2023, according to Intercontinental Exchange (ICE) eMBS data, the highest such share in the 10 years ICE has been tracking the metric. ... Read more »
The U.S. Department of Agriculture (USDA) announced on Friday that it has lowered the interest rates for its single-family housing (SFH) direct home loan programs as of March 1, according to an... Read more »
Independent mortgage lender Embrace Home Loans has promoted Ryan “Buddy” Hardiman to the position of president, the company announced on Wednesday. Before the promotion, Hardiman served as the company’s senior vice president... Read more »