Top Headlines
New California Lawsuit Challenges Residential Development Fees
Californians for Homeownership is a nonprofit organization sponsored by the California Association of Realtors. Continue Reading New California Lawsuit Challenges Residential Development Fees
Forrest Street Partners Acquires RV Resort in Suburban Atlanta
Leisure Acres encompasses 135 RV sites and one cabin. Continue Reading Forrest Street Partners Acquires RV Resort in Suburban Atlanta
California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants
It is uncertain if Gov. Newsom will sign or veto the bill. Continue Reading California Senate Approves Bill to Expand Down Payment Program to Illegal Immigrants
Atlanta Fed Chief Recommends Waiting on Rate Cuts
The Fed has kept its policy rate in the 5.25%-5.50% range for more than year as a strategy to bring down high inflation. Continue Reading Atlanta Fed Chief Recommends Waiting on Rate Cuts
Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
The product is for homeowners seeking to quickly remove home sale contingencies and debt-to-income constraints at any point in the homebuying process. Continue Reading Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
loanDepot Unveils accessZERO Program to Assist Homebuyers
The new program is available nationwide for Federal Housing Administration purchase mortgages. Continue Reading loanDepot Unveils accessZERO Program to Assist Homebuyers
Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
A new AI chat interface in Pathfinder is being tested to help mortgage bankers and brokers answer client questions. Continue Reading Rocket Mortgage Upgrades Pathfinder Tool with AI Chat Interface
CMHC Chief Romy Bowers Leaving for IMF Position
Bowers joined CMHC in 2015 as the agency’s chief risk manager and took on the chief executive duties in 2020. Continue Reading CMHC Chief Romy Bowers Leaving for IMF Position
Cenlar Taps David Schneider as President
Schneider joined the company earlier this year as chief financial officer. Continue Reading Cenlar Taps David Schneider as President
Mortgage Rates Keep Climbing to the 8% Mark
The 30-year fixed-rate mortgage averaged 7.79% as of Oct. 26, up from last week when it averaged 7.63%. Continue Reading Mortgage Rates Keep Climbing to the 8% Mark
Southern First Bancshares Opens Dream Mortgage Center
The center will provide homebuyer education and outreach in an underserved community of South Carolina. Continue Reading Southern First Bancshares Opens Dream Mortgage Center
Mortgage Application Activity Continues to Slump
MBA’s Joel Kan said applications dropped “to the slowest weekly pace since 1995.” Continue Reading Mortgage Application Activity Continues to Slump
‘Family Guy’ Takes Aim at Reverse Mortgages
A Tom Selleck parody convinced Peter Griffin to consider “Hey Alright Reverse Mortgages – or HARM.” Continue Reading ‘Family Guy’ Takes Aim at Reverse Mortgages
Lendesk Debuts Lender Spotlight AI Assistant
“This product is designed to be an indispensable tool for mortgage professionals,” said Carter Zimmerman, president of Lendesk. Continue Reading Lendesk Debuts Lender Spotlight AI Assistant
Hits and Misses for the Real Estate Week of Oct. 16-20
A Chinese agtech company is kicked out of Arkansas, a Fed officer feels your pain and a wild new building becomes a Las Vegas landmark. Continue Reading Hits and Misses for the Real Estate Week of Oct. 16-20
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