Top Headlines
Amy Lessinger to Step Down as RE/MAX President
The Denver-headquartered company did not state why Lessinger was leaving, nor was an interim president appointed. Continue Reading Amy Lessinger to Step Down as RE/MAX President
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
Douglas Elliman Fires President and CEO Scott Durkin
No explanation was given for Durkin’s termination. Continue Reading Douglas Elliman Fires President and CEO Scott Durkin
FHFA Updates GSEs’ Appraisal Policies
The maximum LTV ratio of purchase loans eligible for appraisal waivers increasing from 80% to 90%. Continue Reading FHFA Updates GSEs’ Appraisal Policies
Maryland Resort Town Sues Feds Over Offshore Wind Project
The Coastal Association of Realtors is among the lawsuit’s supporters. Continue Reading Maryland Resort Town Sues Feds Over Offshore Wind Project
Mortgage Application Activity Rebounds with 11% Upswing
The seasonally adjusted Purchase Index increased 11% from one week earlier while the unadjusted index was 12% higher. Continue Reading Mortgage Application Activity Rebounds with 11% Upswing
American Pride Bank Launches Third-Party Origination Mortgage
“In partnership with brokers, APB Wholesale is going to open new doors to homeownership for Americans nationwide,” said CEO Dominik Mjartan. Continue Reading American Pride Bank Launches Third-Party Origination Mortgage
The State with the Greatest Increase in Mortgage Debt Is…
Vermont was the only state with an increase above 2%. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
Mortgage Rates Continue Their Decline
The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. Continue Reading Mortgage Rates Continue Their Decline
Mortgage Application Activity Remains Weak
The seasonally adjusted Purchase Index was down by 4% from one week earlier while the unadjusted index fell 3%. Continue Reading Mortgage Application Activity Remains Weak
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.81% as of April 24. Continue Reading Mortgage Rates in Mild Decline
Mortgage Application Activity Stumbles by 12.7%
The seasonally adjusted Purchase Index decreased 7% from one week earlier. Continue Reading Mortgage Application Activity Stumbles by 12.7%
Lenders Offering Creative Financing Options
To address affordability issues due to higher rates, some lenders are advancing creative financing offers to their borrowers and the real estate agents who serve them. Continue Reading Lenders Offering Creative Financing Options
Mortgage Forbearance Levels Down Slightly in March
The five states with the highest share of loans that were current as a percent of servicing portfolio are Washington, Idaho, Alaska, Oregon, and Colorado. Continue Reading Mortgage Forbearance Levels Down Slightly in March
New Home Purchase Mortgage Applications Surged in March
The average loan size for new homes decreased from $397,516 in February to $381,921 in March. Continue Reading New Home Purchase Mortgage Applications Surged in March
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10- NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
- First-Time Homebuyers Accounted for 21% of the Texas Housing Market
- Mid-Atlantic Region Records Spike in Listings
- Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
