Bank of America reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous quarter.
As the first of two massive class-action commission lawsuits heads to trial, MLSs double down on their value proposition.
Homebuilders “have reported lower levels of buyer traffic, as some buyers, particularly younger ones, are priced out of the market because of higher interest rates,” NAHB Chairman Alicia Huey said in a statement.
Mortgage tech firm Blend has launched a lower-cost version of its mortgage suite for retail independent mortgage banks, the company announced this week.