Top Headlines
Zillow Lays Off Over 500 Employees
Zillow Group (NASDAQ: Z, ZG) has announced plans to lay off more than 500 employees. In a corporate blog post, CEO Jeremy Wacksman claimed the company was “grateful to every person who is leaving and we’re supporting them through this transition.” However, Wacksman...
CFPB’s Chief Examiner Warns Staff of ‘Unpleasant Consequences’ from Aggressive Oversight of Financial Firms
Fatima Batie’s email informed the agency’s staff to conduct their duties in “friendly reminder…to be careful.” Continue Reading CFPB’s Chief Examiner Warns Staff of ‘Unpleasant Consequences’ from Aggressive Oversight of Financial Firms
Report: Fed Chairman Warsh Proposes Fewer Rate Policy Meetings
Warsh reportedly suggested six meetings per year instead of the current eight gatherings. Continue Reading Report: Fed Chairman Warsh Proposes Fewer Rate Policy Meetings
Senate Democrats Question Why FHFA’s Pulte is Still Working as Intelligence Chief
No Democrat voted for Jay Clayton to take on the job of Director of National Intelligence. Continue Reading Senate Democrats Question Why FHFA’s Pulte is Still Working as Intelligence Chief
AvalonBay Communities and Equity Residential Reveal New Brand for Merged Companies
Vivmark Residential expects to use VMRK as its New York Stock Exchange ticker symbol. Continue Reading AvalonBay Communities and Equity Residential Reveal New Brand for Merged Companies
Mortgage Application Activity Ended July with a Whimper
The FHA share of total applications increased to 17.3% from 16.9% the week prior. Continue Reading Mortgage Application Activity Ended July with a Whimper
MBA: Homebuyer Affordability Improved Slightly in June
The national median mortgage payment for conventional loan applicants was $2,209, down from $2,211 in May and up from $2,205 in June 2025. Continue Reading MBA: Homebuyer Affordability Improved Slightly in June
Mortgage Rates Rise to One-Year High
The 30-year fixed-rate mortgage averaged 6.66% as of July 30. Continue Reading Mortgage Rates Rise to One-Year High
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4%
Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
The financial terms of the deal were not disclosed. Continue Reading Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
The companies will target high-impact servicing and lending functions where AI, automation, and tailored technology can improve execution, control, and scalability. Continue Reading New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
Mortgage Delinquency Rate Inches Up to 3.55%
The share of mortgages in active foreclosure reached 0.53% in June, the highest level in six years, as foreclosure activity continued to normalize. Continue Reading Mortgage Delinquency Rate Inches Up to 3.55%
Mortgage Rates Rise for Third Straight Week
The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. Continue Reading Mortgage Rates Rise for Third Straight Week
Mortgage Application Activity Picks Up
The FHA share of total applications decreased to 17.0% from 17.7% the week prior. Continue Reading Mortgage Application Activity Picks Up
Union Home Mortgage Acquires Origination Assets of AmeriTrust Mortgage Corp.
The financial terms of the deal were not disclosed. Continue Reading Union Home Mortgage Acquires Origination Assets of AmeriTrust Mortgage Corp.
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