Top Headlines
Matthew Abrusci Named EVP and General Counsel at Freddie Mac
He was previously general counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. Continue Reading Matthew Abrusci Named EVP and General Counsel at Freddie Mac
Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
This transaction will bring together approximately 340,000 real estate professionals globally onto a shared network operating in every major US city and approximately 120 countries and territories. Continue Reading Compass Acquires Anywhere Real Estate for $1.6 Billion in All-Stock Transaction
Rami Hasani Named CFO at UWM Holdings
He will replace Andrew Hubacker, who is moving into a senior advisor role. Continue Reading Rami Hasani Named CFO at UWM Holdings
Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo
Adam Sartin, vice president of franchise growth and development, will lead the brands on an interim basis. Continue Reading Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo
The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results
Alissa Akins is seeking back pay, punitive damages and attorney’s fees. Continue Reading The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
Robinhood Teams with Sage Home Loans on New Mortgage Offer
The new offer was first piloted during the summer to a small group of Robinhood Gold subscribers. Continue Reading Robinhood Teams with Sage Home Loans on New Mortgage Offer
Mortgage Rates Drop for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30. Continue Reading Mortgage Rates Drop for Fourth Straight Week
Median Monthly Housing Payment in Biggest Decline Since Last November
Redfin attributed the lower payment level to declining mortgage rates. Continue Reading Median Monthly Housing Payment in Biggest Decline Since Last November
Mortgage Application Activity Rebounds After 4 Weeks in Decline
The Refinance Index increased by 9% and was also 111% higher than the same week one year ago. Continue Reading Mortgage Application Activity Rebounds After 4 Weeks in Decline
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
Letitia James Seeks to Dismiss Mortgage Fraud Case, Citing Legality of Trump-Picked Prosecutor
James was indicted on two felony charges of bank fraud and making false statements to a financial institution. Continue Reading Letitia James Seeks to Dismiss Mortgage Fraud Case, Citing Legality of Trump-Picked Prosecutor
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
