Nationwide Mortgage Bankers (NMB) has promoted Yasser Valdes Herrera to president of Americasa, the company’s Spanish-language mortgage platform. Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. He served as...
A total of 1.72 million mortgages secured by residential property (one to four units) were issued in the fourth quarter of 2025, according to data from ATTOM. That marked a 6% decrease from the third quarter and was mostly the same as the volume in the fourth quarter...
The share of homeowners carrying mortgage rates above 6% has surpassed the share of those holding mortgages with rates below 3%, according to a new data report from Realtor.com. Mortgage rates have been above 6% since September 2022 and peaked at 7.04% in January...
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 8-12. Miss: A Missed Opportunity. A new...
Zillow Group (NASDAQ: Z, ZG) has been hit with a new lawsuit that accuses the company of steering homebuyers into using its mortgage lending services. Reuters reports the proposed class action lawsuit alleged the Seattle-headquartered company of providing affiliated...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
