#mortgage

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#housing-market
NYC real estate
fromSFGATE
3 weeks ago

The 5 Metros With the Greatest Number of Foreclosures To Start 2025

Foreclosure rates are rising in major U.S. cities as many homeowners struggle to make payments.
fromSFGATE
4 days ago
NYC real estate

Jumbo Loans: What To Know About the Risky Mortgage Needed To Buy Mansions

Jumbo loans are increasingly necessary for average homes in high-cost areas, posing higher risks and stricter lending requirements.
from24/7 Wall St.
1 week ago
Retirement

I Can't Afford My Inherited House-Should I Sell or Hold On?

The Reddit user should consider keeping the inherited house since its mortgage rate is significantly lower than current housing costs.
fromwww.housingwire.com
1 day ago
Marketing tech

The long anticipated transformation of the L.O.'s role is here

Current mortgage market conditions are volatile, making predictions difficult for lenders.
Technology is reshaping the mortgage landscape, enhancing efficiency and client interaction.
NYC real estate
fromSFGATE
3 weeks ago

The 5 Metros With the Greatest Number of Foreclosures To Start 2025

Foreclosure rates are rising in major U.S. cities as many homeowners struggle to make payments.
fromSFGATE
4 days ago
NYC real estate

Jumbo Loans: What To Know About the Risky Mortgage Needed To Buy Mansions

Jumbo loans are increasingly necessary for average homes in high-cost areas, posing higher risks and stricter lending requirements.
from24/7 Wall St.
1 week ago
Retirement

I Can't Afford My Inherited House-Should I Sell or Hold On?

The Reddit user should consider keeping the inherited house since its mortgage rate is significantly lower than current housing costs.
fromwww.housingwire.com
1 day ago
Marketing tech

The long anticipated transformation of the L.O.'s role is here

Current mortgage market conditions are volatile, making predictions difficult for lenders.
Technology is reshaping the mortgage landscape, enhancing efficiency and client interaction.
more#housing-market
#finance
Retirement
fromSlate Magazine
2 weeks ago

We Finally Have Enough Cash to Fulfill Our Big Dream. My Spouse Is Standing in the Way.

Pay off the mortgage and invest the savings into retirement for better financial security.
fromwww.housingwire.com
1 week ago
SF real estate

Freddie Mac's Q1 earnings report shows financial growth

Freddie Mac's net worth increased significantly, affirming its operational efficiency and financial stability.
from24/7 Wall St.
1 month ago
Retirement

Should I pay off my mortgage early if this isn't my forever home?

Paying off a mortgage early may be wise in uncertain economic times, especially if you have liquidity.
fromwww.housingwire.com
3 days ago
Startup companies

loanDepot's revenue jumps 23% as Anthony Hsieh is set to return

loanDepot's origination volume grew by 14% in Q1 2025, while refinance rates improved significantly.
fromSFGATE
1 month ago
Real estate

Selling a House When the Mortgage Hasn't Been Paid Off Is Fine-Unless It's Delinquent

You can sell a house even with an unpaid mortgage, as proceeds help pay off the loan.
from24/7 Wall St.
4 months ago
Business

At 37 with nearly $1 million in cash, I'm cautious about upgrading my home - am I too conservative?

Balanced lifestyle upgrades can be beneficial when approached in moderation, ensuring expenses do not outpace income.
Retirement
fromSlate Magazine
2 weeks ago

We Finally Have Enough Cash to Fulfill Our Big Dream. My Spouse Is Standing in the Way.

Pay off the mortgage and invest the savings into retirement for better financial security.
fromwww.housingwire.com
1 week ago
SF real estate

Freddie Mac's Q1 earnings report shows financial growth

Freddie Mac's net worth increased significantly, affirming its operational efficiency and financial stability.
from24/7 Wall St.
1 month ago
Retirement

Should I pay off my mortgage early if this isn't my forever home?

Paying off a mortgage early may be wise in uncertain economic times, especially if you have liquidity.
fromwww.housingwire.com
3 days ago
Startup companies

loanDepot's revenue jumps 23% as Anthony Hsieh is set to return

loanDepot's origination volume grew by 14% in Q1 2025, while refinance rates improved significantly.
fromSFGATE
1 month ago
Real estate

Selling a House When the Mortgage Hasn't Been Paid Off Is Fine-Unless It's Delinquent

You can sell a house even with an unpaid mortgage, as proceeds help pay off the loan.
from24/7 Wall St.
4 months ago
Business

At 37 with nearly $1 million in cash, I'm cautious about upgrading my home - am I too conservative?

Balanced lifestyle upgrades can be beneficial when approached in moderation, ensuring expenses do not outpace income.
more#finance
#home-buying
fromRedfin | Real Estate Tips for Home Buying, Selling & More
4 days ago
Real estate

10 Steps to Closing on a House: A Guide to the Closing Process

Closing on a home involves multiple steps and can take 30 to 60 days.
Earnest money is a commitment deposit essential in the home-buying process.
Mortgage approval requires financial stability without major changes during processing.
Title searches ensure the property has a clear legal claim before completion.
from24/7 Wall St.
1 week ago
Retirement

Is $2,800 a Smart Mortgage Payment When I Take Home $5,200 Monthly?

Homebuyers must determine affordability based on current income without assumptions of future income increases.
fromRedfin | Real Estate Tips for Home Buying, Selling & More
4 days ago
Real estate

10 Steps to Closing on a House: A Guide to the Closing Process

Closing on a home involves multiple steps and can take 30 to 60 days.
Earnest money is a commitment deposit essential in the home-buying process.
Mortgage approval requires financial stability without major changes during processing.
Title searches ensure the property has a clear legal claim before completion.
from24/7 Wall St.
1 week ago
Retirement

Is $2,800 a Smart Mortgage Payment When I Take Home $5,200 Monthly?

Homebuyers must determine affordability based on current income without assumptions of future income increases.
more#home-buying
#foreclosure
fromNew York Post
5 days ago
NYC real estate

Exclusive | NYC Public Advocate Jumaane Williams loses Brooklyn home to bank after racking up nearly $1M in mortgage debt

Jumaane Williams lost his Brooklyn home to foreclosure after failing to pay nearly $1 million in debt from a business venture.
fromSFGATE
3 weeks ago
LA real estate

Can't Afford Your Mortgage Anymore? Here's What To Do Before Things Get Worse

Homeowners facing financial strain should proactively communicate with their mortgage lenders for assistance.
from24/7 Wall St.
1 month ago
Renovation

I owe $17K in mortgage payments and face daily panic attacks-can I get a loan modification?

Banks typically prefer loan modifications over foreclosure, especially if the borrower resumes regular payments.
fromwww.housingwire.com
1 month ago
SF politics

VA plans end to VASP foreclosure assistance program

VA will cease new enrollments in the VASP program from May 1, 2025, ending a controversial effort to assist veterans with mortgage issues.
NYC real estate
fromNew York Post
5 days ago

Exclusive | NYC Public Advocate Jumaane Williams loses Brooklyn home to bank after racking up nearly $1M in mortgage debt

Jumaane Williams lost his Brooklyn home to foreclosure after failing to pay nearly $1 million in debt from a business venture.
fromSFGATE
3 weeks ago
LA real estate

Can't Afford Your Mortgage Anymore? Here's What To Do Before Things Get Worse

Homeowners facing financial strain should proactively communicate with their mortgage lenders for assistance.
from24/7 Wall St.
1 month ago
Renovation

I owe $17K in mortgage payments and face daily panic attacks-can I get a loan modification?

Banks typically prefer loan modifications over foreclosure, especially if the borrower resumes regular payments.
fromwww.housingwire.com
1 month ago
SF politics

VA plans end to VASP foreclosure assistance program

VA will cease new enrollments in the VASP program from May 1, 2025, ending a controversial effort to assist veterans with mortgage issues.
more#foreclosure
fromwww.housingwire.com
1 week ago
Artificial intelligence

AI in mortgage is about evolution, not revolution

AI enhances existing tools but requires prior effective use to bring value.
Consumers expect seamless digital experiences in home-buying, necessitating a blend of personal service and technology.
#real-estate
fromwww.housingwire.com
1 week ago
Real estate

Rocket Mortgage buys Mr. Cooper: One crazy uncle's opinion

Mr. Cooper is the largest mortgage servicer in the U.S., handling 10.9% of home loans.
fromBrooklyn Paper
5 months ago
Brooklyn

Brooklyn jury convicts real estate mogul in $2.4M mortgage fraud * Brooklyn Paper

Local business owner Avraham Tarshish was convicted of a multimillion-dollar fraud scheme involving fake short sales of distressed properties.
fromTimes Union
2 weeks ago
NYC real estate

Letitia James fires back, saying allegations of fraud against her are 'baseless'

Letitia James may have benefited financially by misrepresenting her property's occupancy as four units instead of five.
fromBusiness Insider
1 month ago
LA real estate

I didn't buy my first home until I was in my '50s. I wish I'd done it sooner.

Starting the journey to home ownership later in life can limit mortgage options and terms.
fromwww.housingwire.com
1 month ago
SF real estate

Rithm SPAC raises $230M for future M&A deal

RAC plans to leverage Rithm Capital's resources to acquire a high-growth private company.
fromBrooklyn Paper
5 months ago
Brooklyn

Brooklyn jury convicts real estate mogul in $2.4M mortgage fraud * Brooklyn Paper

Local business owner Avraham Tarshish was convicted of a multimillion-dollar fraud scheme involving fake short sales of distressed properties.
fromTimes Union
2 weeks ago
NYC real estate

Letitia James fires back, saying allegations of fraud against her are 'baseless'

Letitia James may have benefited financially by misrepresenting her property's occupancy as four units instead of five.
fromBusiness Insider
1 month ago
LA real estate

I didn't buy my first home until I was in my '50s. I wish I'd done it sooner.

Starting the journey to home ownership later in life can limit mortgage options and terms.
fromwww.housingwire.com
1 month ago
SF real estate

Rithm SPAC raises $230M for future M&A deal

RAC plans to leverage Rithm Capital's resources to acquire a high-growth private company.
more#real-estate
#fintech
fromwww.housingwire.com
1 month ago
SF real estate

Rocket Companies to acquire Mr. Cooper in bombshell $9.4B deal

Rocket is acquiring Redfin for $1.75 billion to expand its mortgage servicing capabilities.
The acquisition will create a servicing book of $2.1 trillion for Rocket.
fromTechCrunch
1 week ago
London startup

UK fintech Sprive closes $7.3M round to facilitate mortgage overpayments | TechCrunch

Sprive is a fintech app that helps users pay off their mortgages faster via automation and cashback, potentially saving £10,000 over the loan's lifetime.
fromwww.housingwire.com
1 month ago
SF real estate

Rocket Companies to acquire Mr. Cooper in bombshell $9.4B deal

Rocket is acquiring Redfin for $1.75 billion to expand its mortgage servicing capabilities.
The acquisition will create a servicing book of $2.1 trillion for Rocket.
fromTechCrunch
1 week ago
London startup

UK fintech Sprive closes $7.3M round to facilitate mortgage overpayments | TechCrunch

Sprive is a fintech app that helps users pay off their mortgages faster via automation and cashback, potentially saving £10,000 over the loan's lifetime.
more#fintech
from24/7 Wall St.
2 weeks ago
Cryptocurrency

My Credit Score Plummeted After a Mortgage Payment Mix-Up - What Can I Do?

A misunderstanding with mortgage payment amounts led to significant credit score damage for a Reddit user.
fromThe Mercury News
2 weeks ago
Mission District

Bay Area woman pleads guilty to defrauding AME Zion Church

Sheila Quintana pled guilty to conspiracy in a mortgage fraud scheme involving the African Methodist Episcopal Zion Church.
fromwww.housingwire.com
2 weeks ago
Business intelligence

CrossCountry, Blend announce partnership to drive IMB growth

Blend has launched a dedicated business unit for IMBs, enhancing technology and support under Justin Venhousen's leadership.
#consumer-protection
fromIndependent
2 weeks ago
UK news

Stick or twist: The hidden costs of switching a mortgage

Mortgage cash-back offers often lose attractiveness due to hidden costs like legal expenses and breakage fees, underscoring the need for informed decisions.
fromwww.housingwire.com
3 weeks ago
Bayern Munich

UWM sued by Ohio AG over borrower deception allegations

UWM faces a lawsuit in Ohio accusing it of deceptive practices in mortgage lending.
The lawsuit claims UWM pressures brokers to funnel loans back to itself, harming borrowers.
UK news
fromIndependent
2 weeks ago

Stick or twist: The hidden costs of switching a mortgage

Mortgage cash-back offers often lose attractiveness due to hidden costs like legal expenses and breakage fees, underscoring the need for informed decisions.
fromwww.housingwire.com
3 weeks ago
Bayern Munich

UWM sued by Ohio AG over borrower deception allegations

UWM faces a lawsuit in Ohio accusing it of deceptive practices in mortgage lending.
The lawsuit claims UWM pressures brokers to funnel loans back to itself, harming borrowers.
more#consumer-protection
fromwww.housingwire.com
3 weeks ago
SF real estate

Wire, title fraud risk hits record high, FundingShield reports

There is an urgent need for improved data verification in mortgage transactions due to rising error rates.
#fha
fromwww.housingwire.com
3 weeks ago
Remodel

Farewell, COVID-19 loss mitigation waterfall

FHA will end relaxed COVID-era mortgage practices on Sept. 30, introducing stricter loss mitigation rules from Oct. 1.
fromwww.housingwire.com
3 months ago
Real estate

FHA updates loss-mitigation waterfall in new servicing guidance

FHA's new Mortgagee Letter 2025-06 extends COVID-related recovery options to February 2026, facilitating updates to loss mitigation strategies.
fromwww.housingwire.com
3 weeks ago
Remodel

Farewell, COVID-19 loss mitigation waterfall

FHA will end relaxed COVID-era mortgage practices on Sept. 30, introducing stricter loss mitigation rules from Oct. 1.
fromwww.housingwire.com
3 months ago
Real estate

FHA updates loss-mitigation waterfall in new servicing guidance

FHA's new Mortgagee Letter 2025-06 extends COVID-related recovery options to February 2026, facilitating updates to loss mitigation strategies.
more#fha
Startup companies
fromFast Company
1 month ago

The latest niche workplace benefit? Helping workers get a mortgage

Michael White pivoted his startup to focus on helping tech employees secure mortgages as many used lines of credit for home purchases.
#interest-rates
from24/7 Wall St.
5 months ago
Business

The Average American Refinances Their Home Every 6 Years - Here's How to Know If You Should

Refinancing can help lower monthly mortgage payments but requires careful consideration of closing costs and break-even points.
fromLondon Business News | Londonlovesbusiness.com
1 month ago
UK politics

Bank of England holds interest rates - London Business News | Londonlovesbusiness.com

Interest rates remain at 4.5% amid inflation concerns, impacting high mortgage holders.
Future rate cuts may not provide immediate relief for homeowners.
Experts advise locking in remortgage deals to avoid higher costs.
from24/7 Wall St.
5 months ago
Business

The Average American Refinances Their Home Every 6 Years - Here's How to Know If You Should

Refinancing can help lower monthly mortgage payments but requires careful consideration of closing costs and break-even points.
fromLondon Business News | Londonlovesbusiness.com
1 month ago
UK politics

Bank of England holds interest rates - London Business News | Londonlovesbusiness.com

Interest rates remain at 4.5% amid inflation concerns, impacting high mortgage holders.
Future rate cuts may not provide immediate relief for homeowners.
Experts advise locking in remortgage deals to avoid higher costs.
more#interest-rates
#financial-services
Marketing tech
fromwww.housingwire.com
1 month ago

FOA's Kristen Sieffert talks about growing the business in 2025

FOA aims to capture a significant portion of the $14 trillion senior home equity market through digital transformation and partnerships.
fromwww.housingwire.com
5 months ago
Business

Better introduces VA refi loan with no appraisal or closing costs

Better.com launched a streamlined refinance loan for veterans and active-duty service members, making homeownership more affordable and accessible.
fromwww.housingwire.com
4 months ago
Real estate

Daniel McCoy joins Highland Residential Mortgage

Daniel McCoy joins Highlands Residential Mortgage as a regional construction loan manager, enhancing the firm's growth in construction lending.
Marketing tech
fromwww.housingwire.com
1 month ago

FOA's Kristen Sieffert talks about growing the business in 2025

FOA aims to capture a significant portion of the $14 trillion senior home equity market through digital transformation and partnerships.
fromwww.housingwire.com
5 months ago
Business

Better introduces VA refi loan with no appraisal or closing costs

Better.com launched a streamlined refinance loan for veterans and active-duty service members, making homeownership more affordable and accessible.
fromwww.housingwire.com
4 months ago
Real estate

Daniel McCoy joins Highland Residential Mortgage

Daniel McCoy joins Highlands Residential Mortgage as a regional construction loan manager, enhancing the firm's growth in construction lending.
more#financial-services
#lending
fromwww.housingwire.com
1 month ago
Marketing tech

Vice Capital Markets integrates Fannie Mae's new loan pricing API

The new API streamlines the loan pricing process for lenders with a single request, enhancing efficiency and accuracy.
fromwww.housingwire.com
1 month ago
Marketing tech

Vice Capital Markets integrates Fannie Mae's new loan pricing API

The new API streamlines the loan pricing process for lenders with a single request, enhancing efficiency and accuracy.
more#lending
fromwww.housingwire.com
2 months ago
SF real estate

Oklahoma-based Bank7 acquires First American Mortgage

Bank7 is strategically expanding its mortgage operations in Oklahoma through the acquisition of First American Mortgage, Inc.
fromwww.housingwire.com
2 months ago
Bootstrapping

Rocket plays the long game with its renter rewards program

Rocket Mortgage offers a customer-friendly mortgage option without additional markups, targeting renters to encourage homeownership.
fromSFGATE
2 months ago
Business

Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year

Homeowners can reduce their taxable income by using Form 1098 for mortgage interest deductions.
fromwww.housingwire.com
3 months ago
Real estate

loanDepot promotes former MLB star to regional vice president

Bart Evans has been promoted to regional vice president at loanDepot, emphasizing community-focused lending in growing markets like Alabama, Arkansas, and Tennessee.
Business
fromMiami Herald
3 months ago

A mortgage firm denies Miami metro area racist redlining - but will pay $1.75 million

The Mortgage Firm settled with the DOJ over redlining accusations but insists it did not violate any laws.
fromTODAY.com
4 months ago
Writing

See the moment mom learns her son paid off her mortgage for Christmas

Levi Ohanenye surprised his mother by paying off her mortgage, celebrating her sacrifices and hard work over the years.
fromwww.housingwire.com
6 months ago
Real estate

It's official! FICO raises score price to $4.95 for mortgage lenders

FICO increased its mortgage score royalty from $3.50 to $4.95, maintaining a small percentage of overall mortgage closing costs.
Real estate
fromwww.housingwire.com
6 months ago

Property data collection-based appraisal waivers, UPD and the future of appraisals

Appraisal waivers are essential for lenders to reduce collateral risk and accelerate loan processes in the current mortgage landscape.
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