Top Headlines
NAR Sued by Former Employee for Sexual Harassment
Sheth said she was fired in 2019 after reporting male supervisors. Continue Reading NAR Sued by Former Employee for Sexual Harassment
Valet Living Promotes Matt Graves to President
Graves has been the company’s chief operating officer since 2022 and will retain that title. Continue Reading Valet Living Promotes Matt Graves to President
FTC to Refund $12 Million to Consumers in House Flipping Scheme
The company and its owners agreed to a settlement in February 2022. Continue Reading FTC to Refund $12 Million to Consumers in House Flipping Scheme
Federal Reserve Holds Rates Again
The central bank’s policy making Federal Open Market Committee declared the “economic outlook is uncertain.” Continue Reading Federal Reserve Holds Rates Again
Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
Trump warned Biden’s rent cap proposal would “end up in a Depression like in 1929.” Continue Reading Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
Mortgage Application Activity Up 5.3%
The Refinance Index inched up by a scant 0.1% from the previous week. Continue Reading Mortgage Application Activity Up 5.3%
United Wholesale Mortgage Launches Conventional 1% Down
Mat Ishbia, president and CEO of UWM, said the company will “continue developing products and solutions that will help get more borrowers into homes faster, easier and cheaper.” Continue Reading United Wholesale Mortgage Launches Conventional 1% Down
Planet Home Lending Debuts 1st Year Flex Program
“We’re committed to finding innovative solutions to help more borrowers purchase a home,” said Michael Dubeck, CEO and President of Planet Financial Group. Continue Reading Planet Home Lending Debuts 1st Year Flex Program
BNC National Bank Sells Its Mortgage Division
BNC Chairman Michael Vekich said this was in the “best long-term interests of BNC Bank, BNCC’s shareholders, and the communities we serve.” Continue Reading BNC National Bank Sells Its Mortgage Division
Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low
“Mortgage credit supply increased modestly in March but remained close to its tightest levels since 2013,” said MBA’s Vice President and Deputy Chief Economist Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low
Survey Finds Steady Optimism Among First-Time Homebuyers
Nearly half of survey respondents have begun to save for a down payment. Continue Reading Survey Finds Steady Optimism Among First-Time Homebuyers
Study: 1 in 3 Homebuyers Unaware of Affordable Home Lending Offerings
KeyBank is observing April’s Fair Housing Month by expanding its Special Purpose Credit Programs for qualifying properties in eligible communities. Continue Reading Study: 1 in 3 Homebuyers Unaware of Affordable Home Lending Offerings
Homepoint Sells Wholesale Business to The Loan Store
Homepoint will hold an equity interest in The Loan Store. Continue Reading Homepoint Sells Wholesale Business to The Loan Store
NY Times Publishes Report Claiming Age Discrimination in Mortgage Applications
The Times did not include any input from mortgage professionals in its coverage. Continue Reading NY Times Publishes Report Claiming Age Discrimination in Mortgage Applications
Freddie Mac Reports Mortgage Rate Drop
“Mortgage rates continue to trend down entering the traditional spring homebuying season,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Freddie Mac Reports Mortgage Rate Drop
