The Federal Communications Commission (FCC) has issued a warning about a deceptive and fraudulent calling campaign targeting homeowners across the country. The agency identified the source of the fraud as a calling campaign dubbed “Green Mirage,” which has been...
The Consumer Financial Protection Bureau (CFPB) issued a new report that found homeowners who face flooding from rivers and creeks were more likely to be underinsured than residents of coastal areas. The report, which used a sample of mortgage applications from...
The 30-year fixed-rate mortgage broke through the 7% mark this week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 7.04% average as of Jan. 16, up from last week when it averaged 6.93%. One year ago at this time, it...
New data from ATTOM found foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 322,103 residential properties in 2024, down 10% from 2023 and down 35% from pre-pandemic 2019. Those properties with foreclosure filings last...
Mortgage applications activity went into overdrive in the latest data from the Mortgage Bankers Association (MBA) for the week ending Jan. 10; the data included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
Homebuilder D.R. Horton (NYSE: DHI) is now selling homes in its newest community, Woodhaven in Chester, South Carolina. Woodhaven offers ranch and two-story plans with living spaces ranging from 1,183 to 2,368 square feet, and available floorplans include three to...