The U.S. Department of Housing and Urban Development is preparing to put roughly $1.3 billion of vacant reverse-mortgage loans into the market, creating one of the more consequential distressed residential note sales on the federal calendar this fall.HUD’s Office of...
A federal rule change that looked technical on paper is already changing what a manufactured home can look like on the ground.Cavco Industries said Thursday it will debut the Grande Arbor, which the company describes as the first manufactured home built to the U.S....
United Wholesale Mortgage says one in four borrowers in its current pipeline is seeing a more advantageous credit result when evaluated with VantageScore 4.0 instead of the traditional FICO model. The Pontiac, Michigan-based lender said approximately 25% of borrowers...
Pending U.S. home sales fell 3.5% from the prior week during the four weeks ending Sept. 13, reaching their lowest level in nearly three years, according to a new Redfin market update released Thursday. The brokerage’s high-frequency data add another sign that buyers...
Zillow Preview listings are now live on Realtor.com, moving a previously announced partnership from plan to product and giving buyers on both portals access to the same participating pre-market listings before those homes formally reach the market. Zillow and...
475-Plus Organizations Warn CRA Proposal Could Weaken Affordable-Housing In…
