Mortgage application activity was down for the third consecutive week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 2.1% on a seasonally...
loanDepot Inc. (NYSE: LDI) has launched its “accessZERO” program to assist borrowers challenged with barriers to affordable homeownership. The new program is available nationwide for Federal Housing Administration purchase mortgages and offers up to 5% in down payment...
The National Association of Realtors (NAR) was found guilty by a jury in Kansas City of artificially maintaining high commission rates through its Clear Cooperation Rule. The trade group, along with co-defendants HomeServices of America and Keller Williams, were...
There were roughly 1.3 million vacant residential properties, representing 1.27% or one in 78 homes in the U.S., during the fourth quarter of this year according to new data from ATTOM. The fourth quarter data is virtually the same as in the third quarter of this...
The National Association of Realtors (NAR) announced IRAR Trust Company (IRAR) as a new partner within the NAR Realtor Benefits program. IRAR Trust Company serves as a custodian for self-directed retirement accounts, working with real estate agents and their clients...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 2.6% annual change in August, up from a 1% change in the previous month. The 10-City Composite showed an increase of 3%, up from a 1% increase in the previous month, while the 20-City...
Hits and Misses for the Real Estate Week of June 15-19
