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
New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Senior mayoral adviser Jason Lee said Johnson was willing to back “number of” revenue options in lieu of increasing property taxes. Continue Reading New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Daniel Wallace Named Chief Operating Officer at Maxex
Wallace previously served as CEO of Haven Servicing. Continue Reading Daniel Wallace Named Chief Operating Officer at Maxex
California Association of Realtors Installs 2025 Leadership Team
Already on the team is Phil Hawkins, who joined CAR as CEO and state secretary in September. Continue Reading California Association of Realtors Installs 2025 Leadership Team
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%
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
Mortgage Originations Up 19% During Q2
A total of 689,217 refinance loans were issued in the second quarter, up 16.4% from the prior quarter. Continue Reading Mortgage Originations Up 19% During Q2
30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
The 15-year fixed-rate mortgage averaged 5.69%, unchanged from last week. Continue Reading 30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
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