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Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy
Wood said the FHFA directive “could bolster both crypto and housing significantly.” Continue Reading Cathie Wood Praises FHFA Directive on Cryptocurrencies in Housing Policy
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
“We are putting tens of millions of dollars back into customers’ hands,” the company said. Continue Reading State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
Appraisal Foundation Seeks Candidates for Board of Trustees
The board meets twice a year and trustees are reimbursed for travel expenses only. Continue Reading Appraisal Foundation Seeks Candidates for Board of Trustees
Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
The trade organizations said Turner “understands the value of strengthening public-private partnerships.” Continue Reading Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
Housing Is Not a Game — It’s the American Dream
For far too long, housing has been reduced to a prop in America’s political theater. It’s the backdrop for campaign rallies, the bullet point slipped into glossy mailers, the soundbite dropped to score applause. But behind every hollow promise, real families are...
Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
“This is just another hit piece from a left-wing dark money group that constantly attempts to smear President Trump’s incredible Cabinet members,” said a White House spokesperson. Continue Reading Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
Multifamily Mortgage Lending Up 17%
More than half (53%) of the active lenders made five or fewer multifamily loans over the course of the year. Continue Reading Multifamily Mortgage Lending Up 17%
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
Mortgage Originations Up 19% During Q2
A total of 689,217 refinance loans were issued in the second quarter, up 16.4% from the prior quarter. Continue Reading Mortgage Originations Up 19% During Q2
30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
The 15-year fixed-rate mortgage averaged 5.69%, unchanged from last week. Continue Reading 30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
Median Mortgage Payments Down Slightly in July
“Affordability conditions have now improved for two consecutive months,” said MBA’s Edward Seiler. Continue Reading Median Mortgage Payments Down Slightly in July
Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity
Among the government programs, the FHA share of total applications remained unchanged at 19.1% from the week prior. Continue Reading Purchase Loans Up, Refinancing Down in Latest Mortgage Application Activity
