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Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity

by Phil Hall | Aug 27, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage application activity was a mixed bag for the week ending Aug. 22, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.5% percent on a seasonally adjusted...
Arizona Couple Sued for Running Foreclosure Rescue Schemes

Arizona Couple Sued for Running Foreclosure Rescue Schemes

by Phil Hall | Aug 26, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Arizona Attorney General Kris Mayes has filed a lawsuit against two individuals and the more than 50 entities they controlled for allegedly running a predatory real estate scheme that defrauded homeowners of their property using phony foreclosure rescue schemes. The...
Ex-CEO of Collapsed Crypto Trading Platform Starts Second Career as Mortgage Broker

Ex-CEO of Collapsed Crypto Trading Platform Starts Second Career as Mortgage Broker

by Phil Hall | Aug 26, 2025 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The former chief executive of the collapsed cryptocurrency trading platform Hayvn has re-emerged working as a mortgage broker in a suburb of Melbourne, Australia. The Australian Broadcasting Corporation reports that Christopher Flinos, the former CEO of crypto firm...
A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes

A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes

by Phil Hall | Aug 25, 2025 | A Phil Hall Op-Ed, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Earlier today, the irrepressible Bill Pulte checked into his second home on X and alerted the 3 million folks following his personal account to consider the following observation: “Fate hates hypocrisy.” Now, what exactly is the director of the...
Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

by Phil Hall | Aug 21, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21, unchanged from last week. A year ago at this time, it averaged 6.46%. The 15-year fixed-rate...
Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation

Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

President Trump is reportedly considering whether he can fire Lisa D. Cook, a Federal Reserve governor who was accused this morning of mortgage fraud by Bill Pulte, director of the Federal Housing Finance Agency. Trump posted a message on his Truth Social website...
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