Survey: Bank servicers maintain customer edge in apps, websites
Bank servicers lead mortgage-focused servicers in overall consumer satisfaction with websites and mobile apps, with customers seeking easy access to...
Mortgage
NAR: Pending home sales fell in September
Pending home sales in September decreased by 7.3% month-over-month and 11.3% year-over-year, according to the National Association of Realtors.
ABA DataBank: Housing starts continue to fall in September
ABA economists believe results are consistent with a sluggish housing market challenged by affordability concerns, labor shortages, and increasing input...
FHFA exploring ending tri-merge credit report requirement for Fannie Mae, Freddie Mac
FHFA is considering requiring only one or two credit reports for single-family loans that Fannie Mae and Freddie Mac acquire,...
Mortgage rates hold steady
The rate for a 30-year fixed-rate mortgage was 7.4% this week. The rate for a 15-year fixed-rate mortgage was 6.71%.
FHA formalizes use of alternative credit scoring models
FHA published a mortgagee letter to formalize the use of VantageScore 4.0 and FICO Score 10T alongside Classic FICO to...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 7.4% this week. The rate for a 15-year fixed-rate mortgage was 6.73%.
GAO finds new trigger leads restrictions could have longer-term benefits
New federal restrictions to curb abusive trigger leads should reduce the volume of unwanted solicitations homebuyers receive, with research showing...
ABA, associations urge housing agencies to seek uniformity in appraisal modernization
As they seek to implement appraisal modernization legislation passed by Congress, the most efficient approach for federal housing agencies would...
New survey probes community banks’ plans for digital assets
Double-digit shares of community bankers intend to offer tokenized deposits and stablecoin solutions within the next 12 months, according to...
