Strongsville, Ohio-headquartered Union Home Mortgage has hired Dino Lack as chief information officer. In his new role, Lack will oversee the technology side of the lending experience through advanced workflow automation and strategic AI integration. He was previously...
Mortgage rates were on the rise for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. A year ago at...
Commercial and multifamily mortgage loan originations experienced a 52% year-over-year surge in the first quarter of this year, although they were also down by 30% from the fourth quarter of 2025. According to data from the Mortgage Bankers Association (MBA), increase...
Federal Housing Finance Agency Director Bill Pulte is predicting that Federal Reserve Gov. Lisa Cook will be indicted for mortgage fraud. Pulte passed criminal referrals to the Department of Justice (DOJ) alleging Cook committed mortgage fraud. President Trump tried...
A crackdown by Immigration and Customs Enforcement (ICE) on illegal immigrant activity is being blamed for an Austin multifamily property moving to special servicing after nearly three-quarters of residents abruptly moved out. According to a Multifamily Dive report...
Mortgage application activity slowed during the week ending May 1, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 4.4% on a seasonally adjusted basis from one...
Forecast: AI to Generate 330 Million Square Feet of Commercial Real Estate …
