General

SitusAMC is adding loan underwriting as part of the outsourced loan fulfillment support services it provides across the origination spectrum. The new licensed offering will provide underwriting services for agency, home equity, jumbo,…
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In the first quarter, housing prices shot up by a record-high 20% compared to the same period a year before, with concerns about rising interest rates driving demand, according to Fannie Mae. Fannie Mae’s Home Price Index, a quarterly…
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Courtney Pedroza/Bloomberg Potential homebuyers are getting discouraged by rising mortgage rates and home prices, according to a survey released on Monday by the New York Federal Reserve. U.S. consumers expect mortgage rates to…
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