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The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million
The sale includes approximately 20 acres of a larger 27-acre assemblage along Boulder Highway near US Route 95. Continue Reading The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million
Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe
The company will pay a $1.9 million civil penalty to the CFPB’s victims relief fund. Continue Reading Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe
Helene Rips Through Southeast, Leaving at Least 25 Dead
More than 4.6 million customers in nine states lost power. Continue Reading Helene Rips Through Southeast, Leaving at Least 25 Dead
Title Resources Group Acquires Doma
Doma Title Insurance Inc. will operate as a subsidiary of TRG. Continue Reading Title Resources Group Acquires Doma
Two Alabama Tribes in Fight Over Casino Built on Sacred Site
The Poarch Band is countering that the Muscogee Nation is trying to dictate how the tribe uses its land. Continue Reading Two Alabama Tribes in Fight Over Casino Built on Sacred Site
Mortgage Rates Drift Closer to the 7% Mark
The 30-year fixed-rate mortgage averaged 6.88% as of April 11. Continue Reading Mortgage Rates Drift Closer to the 7% Mark
Refinancing Outpaces Purchase Loans in Latest MBA Data
The Refinance Index enjoyed a 10% hike from the previous week and was 4% higher than the same week one year ago. Continue Reading Refinancing Outpaces Purchase Loans in Latest MBA Data
Mortgage Credit Availability Up in March
MBA’s Joel Kan noted the credit supply “remains low at nearly 7% below a year ago.” Continue Reading Mortgage Credit Availability Up in March
Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
The platform combines insights from more than 10 petabytes of proprietary data and 50 million annual call transcripts with deep learning and generative AI systems. Continue Reading Rocket Mortgage Unveils AI-Driven Rocket Logic Platform
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
“Some households appear to be moving past the hurdle of last year’s sharp jump in rates,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
Mortgage Rates Still Hovering Near the 7% Level
“We do not expect rates will decrease meaningfully in the near-term,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Still Hovering Near the 7% Level
Hedge Fund-Backed News Site Coordinates Lawsuit Against United Wholesale Mortgage
While Hunterbrook shorted UWM, it simultaneously took a long position on its biggest competitor, Rocket Companies Inc. Continue Reading Hedge Fund-Backed News Site Coordinates Lawsuit Against United Wholesale Mortgage
Mortgage Application Activity is Down Again
“Elevated mortgage rates continued to weigh down on homebuying,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity is Down Again
Mortgage Rates Drop Slightly
The 30-year fixed-rate mortgage averaged 6.79%, down from last week when it averaged 6.87%. Continue Reading Mortgage Rates Drop Slightly
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
The groups said a confirmation “will sustain the current flow of mortgage capital to home buyers without change or delay.” Continue Reading NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing













