mortgage

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research analyzing the growing presence and credit performance of non-U.S. citizen borrowers in private-label residential mortgage-backed securities (PLS). Key Takeaways Noncitizen borrower exposure has increased sharply (2.5x) over the past five years, rising from minimal levels in the mid-2010s to meaningfully higher shares in recent vintages. Noncitizen exposure is heavily concentrated in non-prime PLS transactions, where the combined share of nonciti

(NYSE:ICE) ATLANTA & NEW YORK--(BUSINESS WIRE)--ICE Mortgage Technology, neutral provider of a robust end-to-end mortgage platform and part of Intercontinental Exchange, Inc. (NYSE: ICE), today released its September 2025 ICE Mortgage Monitor Report, highlighting the continued surge in property insurance costs and its growing impact on overall mortgage affordability. The report found that the average annual property insurance payment for single-family mortgage holders has climbed to nearly $2,370 per year

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 67 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-9 (SEMT 2025-9), a $595.3 million prime RMBS transaction. The pool is comprised of 486 first-lien, fully amortizing fixed rate mortgages with 20-year and 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 779 and moderate borrower equity, with a WA original LTV of 72.0% and WA original CLTV of 72

(NASDAQ:ABTX) ATLANTA--(BUSINESS WIRE)--American Bancorp Inc. and its subsidiary, American Pride Bank, are proud to introduce APB Solutions, the newest portfolio product suite from APB Wholesale, the Third-Party Origination (TPO) arm of American Pride Bank’s mortgage division. Built for brokers serving borrowers who don’t fit the vanilla lending mold, APB Solutions delivers a combination of flexible documentation, competitive terms, and lightning-fast turn times — all backed by a team of seasoned mortgage pr

MCLEAN, Va., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.56%.

Quarterly total follows three-year trend of spring increase; Share of equity lending drops again IRVINE, Calif., Aug. 28, 2025 /PRNewswire/ -- ATTOM, a leading curator of land, property data, and real estate analytics, today released its Q2 2025 U.S. Residential Property Mortgage...

New analysis shows the break-even point for refinancing remains out of reach for most unless mortgage rates fall significantly COLUMBIA, Mo., Aug. 27, 2025 /PRNewswire/ -- With mortgage rates still hovering near 7%, many 2025 homebuyers followed the advice to "marry the house, date the...

SALT LAKE CITY, Aug. 27, 2025 /PRNewswire/ -- Lender Toolkit, the mortgage industry's first and only Mortgage Efficiency Cooperative, today reaffirmed its strategic advantage for lenders facing growing compliance complexity, as federal regulators consider nationwide lending standards to...

ATLANTA & NEW YORK--(BUSINESS WIRE)--ICE Mortgage Technology, neutral provider of a robust end-to-end mortgage platform and part of Intercontinental Exchange, Inc. (NYSE: ICE), today released its July 2025 ICE First Look at mortgage delinquency, foreclosure and prepayment trends. The data shows that U.S. mortgage performance remains remarkably strong compared to pre-pandemic norms, marked by delinquencies declining on an annual basis. “If you are looking for signs of a faltering economy, you wo

Michael Harrington is a Senior Loan Officer with CrossCountry Mortgage, based in Katy, Texas. With over 30 years of experience, he is ranked in the Top 1% of Mortgage Professionals nationwide and is the leading producer for CrossCountry in the Houston region. Michael has been featured on...

MCLEAN, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.58%.

SEATTLE--(BUSINESS WIRE)--The typical homebuyer’s monthly mortgage payment is $2,614, the lowest level since January and down $224 from May’s all-time high, according to a new report from Redfin, the real estate brokerage powered by Rocket. Housing payments are falling mainly because mortgage rates are falling. The weekly average mortgage rate dropped to a 10-month low of 6.58% last week in the wake of a weak July jobs report and a neutral inflation report. It’s worth noting that another reason

SALT LAKE CITY--(BUSINESS WIRE)-- #NEOHomeLoans--NEO Home Loans powered by Better, a retail mortgage lender pairing elite loan advisors with agentic mortgage technology to redefine the home financing experience, proudly announces a standout performance from Division Leader Josh Mettle and his team, who helped 82 families achieve homeownership in July. This milestone marks the group’s highest monthly total in over three years, reflecting the successful convergence of cutting-edge technology, operational precisi

MCLEAN, Va., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.58%.

Lenders Shared Thoughts on eMortgage Adoption and Business Priorities WASHINGTON, Aug. 14, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today published the results of its latest Mortgage Lender Sentiment Survey® (MLSS) on lenders' experiences with eMortgage technology, including...

Bank of America and PNC Tie in Keynova Group's 2025 Mortgage-Home Equity Scorecard WILMINGTON, Del., Aug. 13, 2025 /PRNewswire/ -- Keynova Group, the leading competitive intelligence source for digital financial services, today announced the results of its 2025 Mortgage-Home Equity...

ATLANTA & NEW YORK--(BUSINESS WIRE)--ICE Mortgage Technology, neutral provider of a robust end-to-end mortgage platform and part of Intercontinental Exchange, Inc. (NYSE: ICE), today released its August 2025 Mortgage Monitor report. ICE data reveals that mortgage originations had their highest quarterly volume since 2022, with both purchase and cash-out refinance activity nearing three-year highs. At the same time, total and tappable home equity volumes were the highest on record. “Homeowners a

MCLEAN, Va., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.63%.

Attendees invited to embrace innovation and join their members' Pursuit of the American Dream of Homeownership BEAVERCREEK, Ohio, Aug. 7, 2025 /PRNewswire/ -- Credit union mortgage leaders from across the country are preparing to embrace the glamour and optimism of the Roaring Twenties...

SEATTLE--(BUSINESS WIRE)--The daily average mortgage rate dropped to 6.57% on August 4, the lowest level in 10 months, according to a new report from Redfin, the real estate brokerage powered by Rocket. That means a homebuyer on a $3,000 monthly budget has gained roughly $20,000 in purchasing power since May, when the daily average rate hit a recent peak of 7.08%. A buyer on that budget can afford a $458,750 home with today’s mortgage rate, compared to the $439,000 home they could have bought w