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Boosts in purchases and cash-out refinances drove the summer turnaround, according to Black Knight.
July 12 -
Even though the channel helped the bank do over $2 billion in business last year, going forward it will produce loans through the traditional retail business.
July 2 -
Consumer advocates and mortgage industry officials are urging Sandra Thompson, the new acting director of the Federal Housing Finance Agency, to undo many policies that her predecessor, Mark Calabria, put in place over the past year.
July 1 -
Increases in refinances, both in applications and average size, help lead overall numbers higher
June 23 -
A spike in government-sponsored applications helped lead indexes to their largest gains in several weeks.
June 16 -
Changed borrower psychology and the severe housing inventory shortage dropped lending activity across the board, according to Black Knight.
June 14 -
More than two-thirds surveyed said they expect to make less money over the next three months as price reductions ramp up along with a market shift to purchases.
June 10 -
Refinancings more than doubled the year-ago amount and made up for the slowed purchase activity, according to Attom Data Solutions.
June 3 -
Average loan size also continues to increase, as demand remains high and costs in homebuilding materials rise this year.
May 19 -
Economic recovery should soar into the summer as vaccination rates climb and restrictions loosen up, but low inventory is likely to limit mortgage activity into the next year, according to Fannie Mae.
May 19