The long-standing assumption that a newly built home automatically carries a premium is breaking down in much of the country. New construction sold for a median $205 per square foot nationally in July, compared with $212 for existing homes, according to a Zillow...
Homeowners still say they want to renovate, but fewer are taking the first financing step toward doing it. Preliminary third-quarter data from the Point Homeowner Remodeling Index show remodeling-related home equity demand slowing to its weakest quarterly reading...
Wells Fargo is expanding its use of ICE Mortgage Technology’s servicing infrastructure, moving its full home loan servicing portfolio onto the MSP platform under a renewed long-term agreement. Intercontinental Exchange announced the expansion Tuesday, extending a...
Home Surety Title and Escrow and The Title Group LLC have merged, combining two regional title and settlement operations with a footprint spanning five states. The transaction was reported Tuesday by the American Land Title Association. The combined operation serves...
Fair Isaac Corp. shares collapsed roughly 27% Tuesday, their worst one-day decline since 1989, as investors confronted a sharper threat to FICO’s long-dominant position in U.S. mortgage credit scoring. The closing selloff was substantially deeper than the...
Pending Home Sales Hit Lowest Level Since 2014 as Contract Cancellations Su…
