Real Estate Industry News & Insights
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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
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
HUD Provides $1.7 Million in Hurricane Aid to Asheville, North Carolina
The new funding will be used to support the reconstruction of damaged homes, businesses, and infrastructure. Continue Reading HUD Provides $1.7 Million in Hurricane Aid to Asheville, North Carolina
Mortgage Industry Executive Frank Pallotta Weighs Run for New Jersey Legislative Seat
Pallotta previously ran for New Jersey’s 5th Congressional District in 2020 and 2022. Continue Reading Mortgage Industry Executive Frank Pallotta Weighs Run for New Jersey Legislative Seat
Appraisal Industry Warns Against GSE Waiver Updates from FHFA
The FHFA’s policy changes expand eligibility for appraisal waivers and inspection-based appraisal waivers. Continue Reading Appraisal Industry Warns Against GSE Waiver Updates from FHFA
Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Cornerstone is now managing joint venture mortgage companies with 15 homebuilders nationwide. Continue Reading Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Multiply Mortgage Raises $23.5 Million in Series A Funding
Multiple Mortgage’s services are available in 45 states and the District of Columbia. Continue Reading Multiply Mortgage Raises $23.5 Million in Series A Funding
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up
Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
Florida has more than 1,400 developments blacklisted, with California, Colorado, Hawaii and Texas rounding out the top five states. Continue Reading Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker
Four real estate licensees and one mortgage broker recently entered into consent orders with disciplinary action. Continue Reading 5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker
Mortgage Applications for New Home Purchases Down in February
By product type, conventional loans composed 56.7% of loan applications while FHA loans accounted for 32.1%. Continue Reading Mortgage Applications for New Home Purchases Down in February
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. Continue Reading Mortgage Rates Remain Flat
Evergreen Home Loans Expands into New Mexico
The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Continue Reading Evergreen Home Loans Expands into New Mexico
Mortgage Application Activity Up 11.2%
The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%
Foreclosure Activity Up During February
Lenders started the foreclosure process on 22,730 residential properties in February. Continue Reading Foreclosure Activity Up During February
