Top Headlines
Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Reyes joins Douglas Elliman from Brown Harris Stevens, where he served as CTO. Continue Reading Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Atlanta Fed Chief Bostic to Retire in February
Bostic is the 15th person to lead the Atlanta Fed and is the first Black and openly gay president of a regional Federal Reserve Bank. Continue Reading Atlanta Fed Chief Bostic to Retire in February
Federal Judge Orders HUD to Resume Fair Housing Grant Funding to Nonprofits
District Judge Sparkle L. Sooknanan, a Biden appointee, gave HUD an Aug. 4 deadline to report how it planned to meet its fiscal year obligations on FHIP grant distribution. Continue Reading Federal Judge Orders HUD to Resume Fair Housing Grant Funding to Nonprofits
A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
GSE reform, credit scoring policy and conflicts of interest are discussed. Continue Reading A Phil Hall Op-Ed: 10 Questions for FHFA’s Bill Pulte
Trump to Tour Fed HQ
Trump acknowledged it was “highly unlikely” for him to force Powell out “unless he has to leave for fraud.” Continue Reading Trump to Tour Fed HQ
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Lawsuit Accuses Rocket Companies of Mortgage Steering
The lawsuit claims the company “exploited the vulnerability of home buyers for profit.” Continue Reading Lawsuit Accuses Rocket Companies of Mortgage Steering
National Mortgage Delinquency Rate Dropped to 3.68%
Late-stage delinquencies (90+ day) increased by 30,000 to reach the highest level in nearly three years. Continue Reading National Mortgage Delinquency Rate Dropped to 3.68%
Report: FHFA’s Pulte Quietly Changed GSE Portfolio Limits to Aid Trump’s $200 Billion Mortgage Bond Purchase
“This is just a smoke screen for Trump and Bill Pulte to tweet about,” said Sen. Elizabeth Warren. Continue Reading Report: FHFA’s Pulte Quietly Changed GSE Portfolio Limits to Aid Trump’s $200 Billion Mortgage Bond Purchase
Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Ginnie Mae added that its financing benefited approximately 1.4 million households, out of which an estimated 43.9% were first-time homeowners. Continue Reading Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
Newrez to Recognize Crypto Assets for Mortgage Qualification
This offering will be available in February across Newrez’s Smart Series suite of non-agency products. Continue Reading Newrez to Recognize Crypto Assets for Mortgage Qualification
30-Year Fixed Rate Mortgage Drops to 3-Year Low
The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15. Continue Reading 30-Year Fixed Rate Mortgage Drops to 3-Year Low
December New Home Purchase Mortgage Applications Up by 2.5%
The average loan size for new homes increased from $378,063 in November to $380,607 in December. Continue Reading December New Home Purchase Mortgage Applications Up by 2.5%
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