Top Headlines
Oralia Herrera Installed as NAHREP’s 2025 National President
She is broker/owner at Century 21 TK Realty in Addison, Illinois Continue Reading Oralia Herrera Installed as NAHREP’s 2025 National President
NAR Announces Resolution with Phoenix Realtors Over MLS Access
NAR threatened to revoke the Arizona group’s charter. Continue Reading NAR Announces Resolution with Phoenix Realtors Over MLS Access
Home Builders Group Congratulates Trump on Election
The NAHB had been repeatedly critical of Biden-Harris administration policies. Continue Reading Home Builders Group Congratulates Trump on Election
Fathom Holdings Acquires Arizona Brokerage
My Home Group brings over 2,200 agents and completes approximately 12,000 transactions annually. Continue Reading Fathom Holdings Acquires Arizona Brokerage
Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95
Forbes magazine estimated Marcus’ net worth at $11 billion. Continue Reading Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95
FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Pulte said “the DOJ should go wherever the facts may lead them.” Continue Reading FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Continue Reading Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
The advertisement touts President Trump as a leader “who stands by us and the basic principle that all Americans deserve to dream and dream big.” Continue Reading FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Lombardo was previously chief operating officer at Guaranteed Rate Affinity. Continue Reading RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
Foreclosure Activity Up 13% Year-Over-Year
Lenders started the foreclosure process on 24,302 properties last month, up 12% from June and up 11% from July 2024. Continue Reading Foreclosure Activity Up 13% Year-Over-Year
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