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The Latest: National Mortgage News | Mortgage Industry News & Analysis | National Mortgage News

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The industry welcomed the Department of Veterans Affairs' plan for implementing legislatively-created borrower relief but some would like more clarification.

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While correspondent is still the bulk of Planet Financial's production, growth of its servicing portfolio helped the company increase retention volume.

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Active listings grew 7.9% year over year in February, but just 0.2% month over month, reaching more than 914,000 homes on the market, according to Realtor.com.

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President Trump's criticism of large institutional investors prompted inclusion of a sales timeline for build-to-rent properties in the ROAD Act, which in turn pushed NAHB to withdraw its support.

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Proposed housing legislation aimed at curbing institutional homebuying could also block investment platforms that let everyday Americans own shares in rental homes, according to the CEO of Arrived.

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