U.S. Senators Mike Rounds (R-South Dakota) and Angus King (I-Maine) have introduced a bill that would give community banks, small businesses, and credit unions a
Ginnie Mae set a new monthly issuance record in July by guaranteeing 47 billion dollars in mortgage-backed securities during the month, according to an announcement
Wells Fargo EVP and head of Home Lending Michael J. Heid announced on Wednesday that he will retire after nearly 28 years with the bank and
According to Fitch, home prices have grown 50 percent faster in urban centers than in the larger metro statistical areas (MSAs) since 2000. City centers
According to the NAR, price gains were recorded in 85 percent of metro areas in the first quarter. In addition, 34 metro areas experienced double-digit
The lack of fundamental changes to the origination process over decades has resulted in lost efficiency, increasing costs and decreasing profits, and ever-merging regulatory hurdles.