HomeServices of America, a division of Berkshire Hathaway (NYSE: BRK.A), announced that its subsidiary Prosperity Home Mortgage LLC is adding mortgage servicing to its portfolio of services. Prosperity Home Mortgage is a full-service retail mortgage lender focused...
Mortgage application activity slowed for the week ending Aug. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 1% on a seasonally adjusted basis from one...
New York City Mayor Zohran Mamdani’s administration has issued a second extension on the deadline for challenging his pied-à -terre tax while acknowledging that more than 1,000 residents received tax bill notices by mistake. The tax is designed to target the owners of...
Anaheim, California-based Carrington Mortgage Services has expanded its Flexible Advantage non-QM program, opening additional financing options for borrowers whose credit histories, income documentation or investment profiles can leave them outside traditional...
Parsippany, New Jersey-based American Financial Resources, which does business as eLEND, announced that it is bringing artificial intelligence (AI) into the renovation mortgage process through a new partnership with Ready4Remodel, giving mortgage brokers and borrowers...
Today’s new homes are smaller than the properties that were built over the previous decade, according to a new analysis published by LendingTree. The average US new home size shrank by 11.6% from 2,724 square feet in 2015 to 2,409 in 2025. Regionally, the square...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
