The Mortgage Bankers Association has lowered its outlook for U.S. mortgage originations in both 2026 and 2027 as elevated mortgage rates continue to weigh on housing demand and refinancing activity. MBA’s September Mortgage Finance Forecast calls for...
Zillow is asking a federal judge to permanently dismiss renewed claims that its agent programs improperly steered homebuyers toward Zillow Home Loans in violation of the Real Estate Settlement Procedures Act. The company filed a 33-page motion Sept. 21 in the U.S....
BREAKING NEWS: Better Home & Finance Holding Company is facing a newly filed federal securities class action alleging investors were misled about slowing mortgage conversion rates and the company’s goal of reaching $1 billion in monthly funded loan volume....
KB Home reported third-quarter net income of $65.3 million, down 41% from a year earlier, as net orders fell 12% and housing gross margin compressed. Executives said housing conditions have weakened since June as higher mortgage rates pressure affordability and buyer...
Millrose Properties is going back to the debt market for as much as $1 billion, with part of the financing explicitly linked to the pending combination of Dream Finders Homes and Beazer Homes. The Miami-based homesite finance company said Tuesday it plans to offer two...
Bank of Canada Raises Rates for First Time Since 2023, Adding Pressure to H…
