Current News & Events
Mortgage Application Payments Down in November
“Affordability conditions have now improved for six straight months,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Down in November
Claremont Lincoln University Debuts Graduate Programs Focused on Land Policy
The new master’s degrees are developed in partnership with CLU’s Lincoln Institute of Land Policy. Continue Reading Claremont Lincoln University Debuts Graduate Programs Focused on Land Policy
Existing Home Sales Drop While Prices Keep Rising
The median existing-home price for all housing types in August was $407,100, an increase of 3.9% from the $391,700 in August 2022. Continue Reading Existing Home Sales Drop While Prices Keep Rising
Federal Reserve Keeps Rates Steady
The target range for the federal funds rate was held at 5.25% to 5.5%. Continue Reading Federal Reserve Keeps Rates Steady
‘Million Dollar Listing’ Star is Co-Founder of New Real Estate Media Company
Estate Media will initially offer newsletters, podcasts and online video. Continue Reading ‘Million Dollar Listing’ Star is Co-Founder of New Real Estate Media Company
Fernando Ospina Named President at Alterra Home Loans
Ospina has worked for the company since 2018 and served as senior vice president of national production for the last year. Continue Reading Fernando Ospina Named President at Alterra Home Loans
Mortgage Applications Up 5.4%
“Mortgage applications increased last week, despite the 30-year fixed mortgage rate edging back up to 7.31%,” said MBA’s Joel Kan. Continue Reading Mortgage Applications Up 5.4%
Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site
The Alexandria opened in 1923 and closed in 2004. Continue Reading Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site
RE/MAX: August Home Sales Up 7.4% From July
“Buyers should be pleased to see the slow but ongoing ramp-up in available listings, regardless of comparisons to a year ago,” says RE/MAX President and CEO Nick Bailey. Continue Reading RE/MAX: August Home Sales Up 7.4% From July
Daniel Wallace Named CEO at Haven Servicing
Wallace succeeds company co-founder Jonathan Chao, who will transition to the role of chief product officer. Continue Reading Daniel Wallace Named CEO at Haven Servicing
CFPB Issues Guidance on How Lenders Can Use AI Tools
CFPB Director Rohit Chopra said misuse of AI was “growing the list of potential reasons for why credit is denied.” Continue Reading CFPB Issues Guidance on How Lenders Can Use AI Tools
Forbearance Levels Continue to Decline
The forbearance share for portfolio loans and private-label securities decreased 6 basis points to 0.39%. Continue Reading Forbearance Levels Continue to Decline














