Top Headlines

Former Ginnie Mae Chief Takes Role at Freddie Mac

by Phil Hall | Dec 9, 2024

Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...

NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending

by Phil Hall | Nov 18, 2024

The report detailed how NAR’s leaders used corporate credit cards to buy tickets to the Broadway show “Hamilton” when it opened in 2015. Continue Reading NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending

The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

by Phil Hall | Oct 17, 2024

The sale includes approximately 20 acres of a larger 27-acre assemblage along Boulder Highway near US Route 95. Continue Reading The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe

by Phil Hall | Oct 17, 2024

The company will pay a $1.9 million civil penalty to the CFPB’s victims relief fund. Continue Reading Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe

Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’

by Phil Hall | Oct 16, 2024

“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’

Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers

by Phil Hall | Apr 18, 2025

Yost launched his campaign for governor in January. Continue Reading Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers

California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

by Phil Hall | Apr 18, 2025

The bill was inspired by the mortgage forbearance aspects of the Covid-era CARES Act. Continue Reading California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

Mortgage Rates Take an Upswing

by Phil Hall | Apr 17, 2025

The 30-year fixed-rate mortgage averaged 6.83% as of April 17, up from last week when it averaged 6.62%. Continue Reading Mortgage Rates Take an Upswing

Leadership Shifts at American Financial Resources

by Phil Hall | Apr 16, 2025

Robert Pieklo joined AFP as COO in February 2024 following its acquisition by Proprietary Capital. Continue Reading Leadership Shifts at American Financial Resources

Mortgage Application Volume Down 8.5%

by Phil Hall | Apr 16, 2025

The Refinance Index decreased 12% from the previous week. Continue Reading Mortgage Application Volume Down 8.5%

FHFA to Establish Mortgage Fraud Tip Line

by Phil Hall | Apr 15, 2025

“There is no room for fraud in our mortgage markets. None,” said FHFA Director Bill Pulte. Continue Reading FHFA to Establish Mortgage Fraud Tip Line

360training.com Acquires My Mortgage Trainer

by Phil Hall | Apr 14, 2025

360training.com Inc., an online provider of regulatory-approved training and compliance solutions, has acquired My Mortgage Trainer, an NMLS-approved provider of mortgage education and compliance training. The financial terms of the transaction were not disclosed. The...