Single-family housing starts were at a rate of 1.05 million in December, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 3.3% above the revised November figure of 1.01 million. Privately-owned housing starts in...
A&D Mortgage LLC, the Fort Lauderdale-headquartered non-QM lender, has signed a definitive agreement to acquire the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc. (NASDAQ: COOP) Mr. Cooper previously acquired the wholesale...
The California Association of Realtors (CAR) is contributing a combined $600,000 toward two realtor-sponsored charitable funds to help those who have incurred substantial losses due to the ongoing Los Angeles County wildfires. CAR is donating $300,000 to its Disaster...
President-elect Donald Trump announced that he will nominate Bill Pulte to become the next director of the Federal Housing Finance Agency (FHFA). Pulte is the CEO of Pulte Capital Partners and has gained prominence for his philanthropic endeavors on X (formerly...
Builder sentiment began 2025 with a mild upswing, despite concerns over how building material tariffs and costs and a larger government deficit could impact inflation and mortgage rates. Builder confidence in the market for newly built single-family homes was 47 in...
Canada recorded 245,120 housing starts in 2024, up 2% year-over-year, according to data from the Canada Mortgage and Housing Corporation (CMHC). The vast majority of housing starts (245,120) were in markets with populations of 10,000 and greater, while an estimated...