Mortgage application activity shot up like a firework during the week ending July 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.4% on a seasonally...
The Federal Trade Commission (FTC) announced it will send $3 million in payments to consumers impacted by Ygrene Energy Fund, a home improvement financing company. According to the FTC’s October 2022 complaint, Ygrene and its network of door-to-door contractors...
Capital One Financial Corp. (NYSE: COF) will be shutting down the home equity lending business run by its recently acquired Discover operations. The website for Discover’s home loans business carries a statement that reads, “Discover Home Loans is no longer accepting...
The housing market is witnessing both a rise in active inventory and a simultaneous increase in the number of homes being pulled off the market. According to the Realtor.com June Housing Trends report, the active inventory soared 28.1% year-over-year to over 1 million...
The media giant Gannett Co. Inc. (NYSE: GCI) announced a multi-year agreement with AddressUSA to power an online real estate portal across the USA Today Network. AddressUSA’s listings will be integrated throughout the USA Today Network alongside editorial content...
Skydan Equity Partners, a Chicago-headquartered provider of sale-leaseback solutions, announced the launch of its new “Buy Before You Sell” program that gives homeowners selling their properties the ability to purchase a new home first by unlocking equity...
