Top Headlines
Q3 Multifamily Property Developer Sentiment is Mixed
“We expect multifamily construction to remain weak for another year,” said NAHB Chief Economist Robert Dietz. Continue Reading Q3 Multifamily Property Developer Sentiment is Mixed
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
Leadership Change at Arch Capital Group
Nicolas Papadopoulo will succeed the retiring Marc Grandisson. Continue Reading Leadership Change at Arch Capital Group
Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
This is the DOJ’s first redlining settlement with a credit union. Continue Reading Justice Dept. in $6.5 Million Redlining Settlement with Credit Union
Leadership Change at Chicago Community Loan Fund
Bob Tucker will become CCLF’s next president, effective Jan. 1, 2025. Continue Reading Leadership Change at Chicago Community Loan Fund
Mortgage Rates Stay Just Under 7%
The 30-year fixed-rate mortgage averaged 6.95% as of Jan. 30. Continue Reading Mortgage Rates Stay Just Under 7%
Mortgage Application Activity Slows Down
The Refinance Index was down by 7% from the previous week and was 5% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
Mortgage Rates Drop Below 7%
The 30-year fixed-rate mortgage averaged 6.96% as of Jan. 23. Continue Reading Mortgage Rates Drop Below 7%
Mortgage Application Activity is Dull, Forbearance Levels Drop
“Almost 43% of borrowers in forbearance were there due to a natural disaster,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity is Dull, Forbearance Levels Drop
A&D Mortgage Acquires Wholesale Mortgage Origination Business from Mr. Cooper
The acquisition expands A&D’s broker network to more than 8,500 partners. Continue Reading A&D Mortgage Acquires Wholesale Mortgage Origination Business from Mr. Cooper
FCC Warns Against Fraudulent Mortgage Calling Campaign
Green Mirage has impersonated over 400 mortgage institutions and caused hundreds of thousands of dollars of losses to deceived homeowners. Continue Reading FCC Warns Against Fraudulent Mortgage Calling Campaign
Mortgage Rates Break Past 7% Level
Mortgage rates ticked up for the fifth consecutive week. Continue Reading Mortgage Rates Break Past 7% Level
Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
The program offers a three-credit undergraduate course on residential mortgage origination and processing. Continue Reading Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
Mortgage Application Activity Soars by 33%
The Refinance Index increased 44% from the previous week and was 22% higher than the same week one year ago. Continue Reading Mortgage Application Activity Soars by 33%
Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
Kimberly Johnson is scheduled to be sentenced on April 11. Continue Reading Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
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