Top Headlines
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
Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
“You have home prices the highest we’ve seen in two decades,” said Priscilla Almodovar. Continue Reading Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
Airbnb Debuts Co-Host Network
Airbnb is offering a selection of more than 10,000 co-hosts across 10 countries. Continue Reading Airbnb Debuts Co-Host Network
SBA to Pause New Disaster Loan Origination, Citing Lack of Funds
SBA can make disaster loans up to $500,000 to homeowners to repair or replace disaster-damaged or destroyed real estate. Continue Reading SBA to Pause New Disaster Loan Origination, Citing Lack of Funds
Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
Homebuyers with a Rocket mortgage earn 10% back on the last 12 months of rental payments Continue Reading Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
Mortgage Rates in Further Decline
The 30-year fixed-rate mortgage averaged 6.87% as of Feb. 13. Continue Reading Mortgage Rates in Further Decline
PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
The first installment of the series will feature 20 short videos. Continue Reading PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
Mortgage Application Activity, Credit Availability on the Rise
The MBA’s Mortgage Credit Availability Index (MCAI) rose by 2.5% to 99.0 in January Continue Reading Mortgage Application Activity, Credit Availability on the Rise
Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
Multifamily lending alone is expected to rise to $361 billion this year. Continue Reading Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
January Foreclosure Activity Up 8% Month-Over-Month
Lenders started the foreclosure process on 20,994 properties in January. Continue Reading January Foreclosure Activity Up 8% Month-Over-Month
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.89% as of Feb. 6. Continue Reading Mortgage Rates Go Into Decline
loanDepot and Onx Homes Announce New Joint Venture
The companies did not announce the leadership for Onx X+ Mortgage. Continue Reading loanDepot and Onx Homes Announce New Joint Venture
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
Melvin Joseph Weibel, the 88-year-old passenger in the Ford Transit van, was pronounced dead at the scene. Continue Reading California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
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