Top Headlines
Redfin Investor Sues to Halt Acquisition by Rocket Companies
The lawsuit also alleges Goldman Sachs, the financial advisor on the transaction, failed to acknowledge its conflict of interest in the deal. Continue Reading Redfin Investor Sues to Halt Acquisition by Rocket Companies
Federal Reserve Leaves Rates Unchanged
The Fed stated it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. Continue Reading Federal Reserve Leaves Rates Unchanged
CFPB Sues Experian Over Handling Consumer Disputes
“Credit reporting errors can have serious consequences for a family’s finances,” said CFPB Director Rohit Chopra. Continue Reading CFPB Sues Experian Over Handling Consumer Disputes
Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office
After 14 years in the NFL, McCoy is starting a new career in real estate. Continue Reading Ex-Quarterback Colt McCoy to Launch HPI’s New Fort Worth Office
CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
“People who get sick shouldn’t have their financial future upended,” said CFPB Director Rohit Chopra. Continue Reading CFPB Finalizes Rule to Remove Medical Bills from Credit Reports
Michigan Credit Union Offers Mortgages at 4.99% Rate
Michigan Legacy has more than $218 million in assets and is designated as a “low-income credit union.” Continue Reading Michigan Credit Union Offers Mortgages at 4.99% Rate
Study: Canadians Re-Evaluating Their Relationships with Lenders
56% of mortgage holders say they will explore refinancing with a different lender when it comes time to renew. Continue Reading Study: Canadians Re-Evaluating Their Relationships with Lenders
Mortgage Rates Drop to 11-Month Low
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11. Continue Reading Mortgage Rates Drop to 11-Month Low
Mortgage Credit Availability Inched Up During August
“Mortgage credit availability increased slightly in August, driven by a small increase in ARM product offerings, which was similar to what we saw in July,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up During August
Mortgage Application Activity Up 9.2%
The seasonally adjusted Purchase Index increased 7% from one week earlier but the unadjusted index retreated by 6%. Continue Reading Mortgage Application Activity Up 9.2%
Housing Is Not a Game — It’s the American Dream
For far too long, housing has been reduced to a prop in America’s political theater. It’s the backdrop for campaign rallies, the bullet point slipped into glossy mailers, the soundbite dropped to score applause. But behind every hollow promise, real families are...
Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
“This is just another hit piece from a left-wing dark money group that constantly attempts to smear President Trump’s incredible Cabinet members,” said a White House spokesperson. Continue Reading Report: 3 Trump Cabinet Members Have 2 Mortgaged Properties with Both Claimed as Primary Residences
Multifamily Mortgage Lending Up 17%
More than half (53%) of the active lenders made five or fewer multifamily loans over the course of the year. Continue Reading Multifamily Mortgage Lending Up 17%
Mortgage Rates Continue to Fall
“As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Continue to Fall
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%
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