The Federal Housing Finance Agency (FHFA) announced the conforming loan limit values for the mortgages on one-unit properties that Fannie Mae and Freddie Mac will acquire in 2024 will be $766,550, an increase of $40,350 from 2023. The FHFA adjusted the loan limit...
The real estate holdings of the iconic singer Aretha Franklin have been awarded to her three of her sons based on the instructions of a handwritten will found between cushions of the late star’s couch. The Associated Press reported the judge overseeing Franklin’s...
The Consumer Financial Protection Bureau (CFPB) has announced it is ordering Bank of America (NYSE:BAC) to pay a $12 million penalty for running afoul of the Home Mortgage Disclosure Act (HMDA) by submitting false mortgage lending information to the federal...
LendSure Mortgage Corp., a San Diego-headquartered non-QM wholesale lender, announced the launch of their new Profit & Loss (P&L) Loan Program. According to the company, the P&L Loan Program is designed for business owners and self-employed investors with...
A majority of Americans believe that a housing market crash could happen in 2024, and more than one-third of them want it to happen. According to a survey of 2,000 American adults by LendingTree (NASDAQ:TREE), 44% of respondents think the housing market is at risk of...
Two leading housing data reported affirmed a continued increase in home prices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change in September, up from a 2.5% change in the previous month. The 10-City Composite showed...