Top Headlines
Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
As of this writing, the Trump administration has not named a new CFPB director. Continue Reading Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
“We are putting tens of millions of dollars back into customers’ hands,” the company said. Continue Reading State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
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
Laura Escobar Sworn In as MBA’s 2025 Chairperson
Christine Chandler and Owen Lee were sworn in as chairperson-elect and vice chairperson, respectively. Continue Reading Laura Escobar Sworn In as MBA’s 2025 Chairperson
Gen Z Accounts for 12% of VA Purchase Loan Market
Gen Z homebuyers using VA loans are most concentrated near large military communities like San Antonio, Virginia Beach, and Colorado Springs. Continue Reading Gen Z Accounts for 12% of VA Purchase Loan Market
Mortgage Application Activity Down by 2.6%
The refinance share of mortgage activity increased to 37.3% of total applications from 36.7% in the previous week. Continue Reading Mortgage Application Activity Down by 2.6%
Mortgage Applications for New Home Purchases Down in May
The average loan size for new homes increased from $376,992 in April to $379,209 in May. Continue Reading Mortgage Applications for New Home Purchases Down in May
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
According to the companies, M2B Mortgage was created to “provide a more personalized, streamlined, and reliable lending experience.” Continue Reading Virginia Homebuilders Partner on New Mortgage Lending Joint Venture
Fairway Independent Mortgage Acquires Hallmark Home Mortgage
The acquired company will become Hallmark Home Mortgage, Powered by Fairway. Continue Reading Fairway Independent Mortgage Acquires Hallmark Home Mortgage
HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
HomeXpress will operate as a subsidiary of Chimera under the continuing leadership of President and CEO Kyle Walker. Continue Reading HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Mortgage Application Activity Up 12.5%
The Refinance Index increased 16% from the previous week and was 28% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 12.5%
Mortgage Credit Availability at Highest Level in Nearly 3 Years
“Credit supply increased to its highest level since August 2022,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at Highest Level in Nearly 3 Years
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 3-7- NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
- Historic Maine Home Available for $1, Albeit with a Catch
- Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own
- Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plan…
