by John G. Stevens | Oct 23, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market
NVR Inc. reported a 27% drop in third-quarter net income as affordability pressure, higher lot costs and weaker demand squeezed homebuilding profitability, while its mortgage banking unit closed fewer loans.The Reston, Virginia-based builder and mortgage lender...
by John G. Stevens | Oct 23, 2026 | Current News & Events, Industry Updates, Mortgage Information
SB Financial Group increased mortgage originations by nearly 15% in the third quarter, offering a contrasting result to the weaker loan demand reported by several larger housing finance businesses. The Defiance, Ohio-based parent of State Bank reported $77.7 million...