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reAlpha Mortgage Expands into Nevada Marketplace
With the new Nevada operations, reAlpha Mortgage is now licensed in 31 states. Continue Reading reAlpha Mortgage Expands into Nevada Marketplace
Mortgage Rates Rise for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2. Continue Reading Mortgage Rates Rise for Second Straight Week
Additional Reading: Top Mortgage Industry News & Headlines
Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
The Fannie Mae website has no mention of an investigation into Schiff. Continue Reading Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
Wall Street Journal Slams Trump-Pulte Housing Policies
“Now is not the time for the Administration to ease lending standards,” said the editors. Continue Reading Wall Street Journal Slams Trump-Pulte Housing Policies
Court Overturns Mortgage Fraud Conviction of Ex-Baltimore State’s Attorney
Marilyn Mosby was Baltimore’s state’s attorney from 2015 to 2023. Continue Reading Court Overturns Mortgage Fraud Conviction of Ex-Baltimore State’s Attorney
CrossCountry Mortgage Now Offering Spanish-Language Loan Application
“Our support for the Hispanic community extends well past translated materials,” says Eric Wilson, chief marketing officer. Continue Reading CrossCountry Mortgage Now Offering Spanish-Language Loan Application
Mortgage Machine Services launches loan origination system
The LOS also provides all-in-one eClosing functionality, including an eClose room, eNotes, eVault and remote online notarization. Continue Reading Mortgage Machine Services launches loan origination system
Mortgage Rates Are Back on the Rise
“The reacceleration of inflation and strength in the economy is keeping mortgage rates elevated,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Back on the Rise
Credit Union Mortgage Originations Down 60% in Q3
Variable rate HELOCs recorded 14% year-over-year origination declines. Continue Reading Credit Union Mortgage Originations Down 60% in Q3
Mortgage-Rate Locks for Second Homes Down 19%
August is the 14th consecutive month that second-home demand is at least 30% below pre-pandemic levels. Continue Reading Mortgage-Rate Locks for Second Homes Down 19%
Start-up Platform Roam Offers Mortgages as Low as 2%
Roam’s service is currently available in Arizona, Colorado, Florida, Georgia and Texas, with plans to expand into new markets soon. Continue Reading Start-up Platform Roam Offers Mortgages as Low as 2%
Foreclosure Activity Records Uptick in August
Nationwide, one in every 4,113 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Records Uptick in August
Mortgage Application Activity Down Again
“Credit availability in August increased slightly but remained close to the very low levels last seen in January 2013,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Down Again
Mortgage Rates Drop, But Remain Above 7% Mark
“For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above 7%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Remain Above 7% Mark
The New Normal: Monthly Mortgage Payments of $2,000+ a Month
“Just when did the $2,000 monthly mortgage payment become the norm?” said Black Knight Vice President of Enterprise Research Andy Walden. Continue Reading The New Normal: Monthly Mortgage Payments of $2,000+ a Month
