UWM Secures $1B in Oversubscribed Debt Offering Before November Deadline
United Wholesale Mortgage has issued new senior notes due 2031 with a 6.250% coupon, enhancing financing options for private lenders in the market.
Federal judge halts Trump’s effort to remove Lisa Cook from position.
Judge Cobb’s ruling indicates that Trump’s rationale for removing Cook fell short of demonstrating sufficient cause, raising implications for leadership stability.
Understanding the Complexities of Occupancy Fraud
Discover the surprising truths from fraud investigations that influence risk management and regulatory practices, guiding private lenders in challenging landscapes.
TransUnion reports a rise in self-reported rent payments by consumers.
TransUnion reports increased consumer self-reporting as Fannie Mae and Freddie Mac begin accepting VantageScore 4.0, impacting private lenders' risk assessments.
Better’s HELOC Product Assists Borrowers in Reducing $193 Million in Debt
Better has reported significant growth, with $80 million in monthly HELOC and home equity loan originations, reflecting evolving trends in the housing market.
Mortgage Applications Rise Nearly 10% Amid Declining Interest Rates
Refinances made up nearly 49% of recent applications, indicating a significant trend in the mortgage market, as noted by MBA's deputy chief economist Joel Kan.
Exploring Mid-Century Modern Furniture in Zillow Listings
Consumers can now enhance property appeal through virtual staging via Zillow Showcase, utilizing advanced AI technology from Virtual Staging AI.
Fairway Home Mortgage Forms New Partnership with OpenAI
Fairway promotes Caleb Ondrusek to oversee technology and innovation in its new partnership with OpenAI, enhancing service delivery in the mortgage sector.
Homeownership Rate Among Black Americans Reaches Four-Year Low
Private lenders should note a 1.5% decline in mortgage results year-over-year, reflecting the sharpest annual drop since Q3 2021, signaling market shifts.
Fannie Mae Reports Decline in Consumer Housing Sentiment
Explore the latest insights on mortgage rates and homebuying trends, revealing challenges in seller sentiment, pricing expectations, and household financial stability.