Top Headlines
Leadership Shift at Title Resources Group
New CEO Kevin Wall most recently served as co-president of First American Title Insurance Company. Continue Reading Leadership Shift at Title Resources Group
NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
The bill will now go back to the House of Representatives for a reconciliation process. Continue Reading NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
Forecast: Construction Industry Needs 439,000 Workers in 2025
A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...
NAHB and MBA Commend Trump’s Inauguration While NAR Stays Silent
NAR focused on the Martin Luther King Jr. Day observances. Continue Reading NAHB and MBA Commend Trump’s Inauguration While NAR Stays Silent
Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
As of this writing, the Trump administration has not named a new CFPB director. Continue Reading Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
Mortgage Delinquency Rate Up During August
An anomaly in the August calendar might have played a role in the month’s delinquency data. Continue Reading Mortgage Delinquency Rate Up During August
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
The case is still active within the US Attorney’s Office for the Eastern District of Virginia. Continue Reading Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2
The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
A Phil Hall Op-Ed: The Smearing of Erik Siebert
The Interim US Attorney was slandered by President Trump after concluding the mortgage fraud case against Letitia James would not stand up in court. Continue Reading A Phil Hall Op-Ed: The Smearing of Erik Siebert
Ex-NASA Manager and Husband Plead Guilty in Mortgage Fraud Case
Khan and Mayberry face up to five years in federal prison and a possible $250,000 maximum fine in addition to the possible forfeiture of their luxury home. Continue Reading Ex-NASA Manager and Husband Plead Guilty in Mortgage Fraud Case
Mortgage Rates Continue to Fall
The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Continue to Fall
Refinancing Action Fuels 30% Surge in Mortgage Application Activity
The Refinance Index ascended by 58% from the previous week and was 70% higher than the same week one year ago. Continue Reading Refinancing Action Fuels 30% Surge in Mortgage Application Activity
Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
The average loan size for new homes increased from $372,745 in July to $374,288 in August. Continue Reading Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
