Home Price Growth Forecast to Flatten in 2025
U.S. home prices increased 0.2% in September compared with October and were up 3.4% compared with September 2023, according to CoreLogic.
It was the slowest...
Appraisal Map Launches AVM Optimizer
Appraisal Map Inc. has launched AVM Optimizer, a tool that bridges the gap between automated home valuations and true property worth.
The new tool enhances...
A&D Mortgage Announces $390.6 Million Securitization of Non-QM Loans
Non-QM lender A&D Mortgage has issued its latest securitization, valued at $390.6 million.
The securitization is backed by a pool of 1,171 mostly newly originated...
First-Time Homebuyer Share Drops to New Low
First-time buyers represented only 24% of all home buyers during the 12 months ended in June, down from 32% in the previous 12-month period,...
Weak October Jobs Report Boosts Likelihood of Fed Rate Cut
Only about 12,000 jobs were added to the U.S. economy in October, far below expectations, while the unemployment rate remained unchanged at 4.1%, according...
Aduvo Launches New Sales and Marketing Platform for Mortgage Professionals
Aduvo, a new sales and marketing platform designed for mortgage professionals, has officially launched.
Created in response to existing marketing systems that are difficult and...
Domain-Centric Large Language Model for Mortgage Being Built by Sourcepoint
Sourcepoint, a Firstsource company offering outsourced mortgage services and solutions, reports that it is building its own domain-centric large language model (LLM) specific to...
BSI Financial Launches New AI-Driven Tool to Identify Borrowers Likely to Refinance
Mortgage technology firm BSI Financial Services has launched Portfolio Guardian, an AI-driven predictor model that calculates the likelihood a borrower will refinance their mortgage...
Unison Mortgage Launches Equity Sharing Home Loan in Oregon
Unison Mortgage Corp., a Unison company, has launched its Equity Sharing Home Loan in Oregon, which enables homeowners to receive cash the same day...
Homebuyer Affordability Improved in September, But it Likely Won’t Last
Homebuyer affordability improved slightly in September, as the national median payment applied for by purchase applicants fell to $2,041, down from $2,057 in August,...
Nearly Half of U.S. Homeowners Now Considered ‘Equity Rich’
About 48% of mortgaged residential properties in the U.S. were considered “equity-rich” in the third quarter, down from a recent peak of 49.2% hit...
Mortgage Applications Basically Flat Last Week as Rates Continued to Rise
Mortgage application volume decreased 0.1% during the week ended October 25, as the average rate for a 30-year fixed-rate mortgage increased to 6.73%, according...
Pending Home Sales Jumped 7.4 Percent in September
Pending home sales jumped 7.4% in September compared with August and were up 2.6% compared with September 2023, according to the National Association of...
Staying Competitive in Mortgage Servicing During the Refinancing Boom
BLOG VIEW: The mortgage industry is expected to see a significant uptick in refinancing activity, driven by recent interest rate cuts. This surge presents...
GSEs Expand Eligibility for Appraisal Waivers on Purchase Loans, Among Other Policy Updates
The Federal Housing Finance Agency (FHFA) has announced updates to several Fannie Mae and Freddie Mac policies including expanding eligibility for appraisal waivers on...
Mortgage Bankers Association Taps Laura Escobar as Chair for 2025
Laura Escobar, president of Lennar Mortgage, has been appointed chair of the Mortgage Bankers Association (MBA) for 2025.
In addition, Christine Chandler has been named...
Mortgage Origination Volume Forecast to Jump 28 Percent in 2025
Total mortgage origination volume is forecast to increase to $2.3 trillion in 2025, up 28% from the $1.79 trillion expected in 2024, according to...
Ardley’s Platform Now Lets Users Qualify Borrowers Based on Lender-Specified Pricing Adjustments
Ardley, offering technology that parses mortgage servicers’ entire portfolios and identifies viable new origination opportunities in seconds, has launched Forecast, a new feature of...
New Home Sales in September Jumped 4.1 Percent
New home sales in September were at a seasonally adjusted annual rate of 738,000, an increase of 4.1% compared with August and up 6.3%...
FormFree Adds Auto-Matching Capability to its Customer Acquisition Marketplace
FormFree has made several enhancements to its customer acquisition marketplace, including a new auto-matching capability that connects borrowers and lenders in seconds.
FFX is the...