The House of Representatives approved a revised version of the Senate-passed 21st Century ROAD to Housing Act, enacting a major change that could prevent its speedy final approval when the bill is returned to the Senate. The Hill reports the revised legislation passed...
Shelter Lending Corp., a Kelowna, British Columbia-based alternative mortgage lender, has acquired Accepted Financial Corp., a mortgage investment firm headquartered in Langley, British Columbia. The financial terms of the deal were not disclosed. Brad Currie,...
Barney Frank, the longtime Democratic congressman from Massachusetts who co-authored the Dodd-Frank Act, died on Tuesday night at the age of 86. Frank represented the 4th District of Massachusetts in the US House of Representatives from 1981 through 2013. He served as...
The number of new listings posted in April outpaced home sales, according to the latest REMAX National Housing Report. April home sales grew 7.6% over March and were a mere 0.1% higher from one year earlier. However, new listings increased 10.5% during month-over,...
Mortgage application activity declined during the week ending May 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 2.3% on a seasonally adjusted basis from...
The personal finance company WalletHub has published its latest housing data report, this time focused on affordable homeownership. The new “Most Affordable Cities to Buy a Home in 2026” study compared 300 cities across 10 key metrics that included home prices, tax...
