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Study: One-Third of Younger Americans Rethinking Relocation After Helene
Almost one-quarter (23%) of respondents overall expected insurance premiums in their area to increase after Hurricane Helene. Continue Reading Study: One-Third of Younger Americans Rethinking Relocation After Helene
Report: The Safest US City Is…
Memphis was considered the least safest city. Continue Reading Report: The Safest US City Is…
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Colorado Gov. Polis continues to downplay the seriousness of the gang’s presence. Continue Reading Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang
Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
The lawsuit is requesting that Umansky and The Agency pay equal to three times the amount of damages caused. Continue Reading Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
Charles El-Moussa Named General Counsel at Midwest Real Estate Data
El-Moussa’s career included previous roles as president at Coldwell Banker Realty and general counsel and chief operating officer at RE/MAX in Texas. Continue Reading Charles El-Moussa Named General Counsel at Midwest Real Estate Data
Slight Uptick in Mortgage Application Activity
“The level of ARM applications increased by 15% over the week,” said MBA’s Joel Kan. Continue Reading Slight Uptick in Mortgage Application Activity
CFPB Sues Freedom Mortgage Over ‘Providing False Data’
Director Rohit Chopra said his agency “will continue to focus on ending the cycle of misconduct by repeat offenders in the financial industry.” Continue Reading CFPB Sues Freedom Mortgage Over ‘Providing False Data’
Mortgage Credit Availability Up Slightly in September
“There were more loan programs for ARM loans for borrowers seeking lower initial monthly payments,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly in September
titleLOOK Expands Title Report Reviews to Mortgage Banking Sector
The Bangor, Maine-based titleLOOK by Mainspring Services announced that it is now offering its automated title review to lenders, government-sponsored enterprises and other organizations in the mortgage banking sector. titleLOOK was launched in 2021 and was initially...
Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
“Today, the spread between 30-year mortgage rates and 10-year Treasury yield is at historically high levels,” the trade groups warned. Continue Reading Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure
“Mortgage rates persistently over 7% appear to be deepening the malaise consumers feel about the home purchase market,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure
Arch Capital Group Names Seamus Fearon CEO of International Mortgage
Fearon will have responsibility for managing Arch’s Australian and European mortgage operations. Continue Reading Arch Capital Group Names Seamus Fearon CEO of International Mortgage
Fintech PADS Financial Debuts Platform for Mortgage Origination and Servicing
The company secured an initial round of financing of $3 million from investors within the Quebec real estate market. Continue Reading Fintech PADS Financial Debuts Platform for Mortgage Origination and Servicing
30-Year Fixed-Rate Mortgage Surges to 7.49%
Sam Khater, Freddie Mac’s chief economist, noted the market is facing “the highest mortgage rates in a generation.” Continue Reading 30-Year Fixed-Rate Mortgage Surges to 7.49%
John Cady Named President of Citywide Home Loans
“The company is the perfect mix of culture, service and programs that many mortgage professionals have been looking for,” said Cady. Continue Reading John Cady Named President of Citywide Home Loans
