Top Headlines
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
New Lending Platform Aims at Multifamily Property Owners
The target loan amounts for the new endeavor are expected to range between $15 million and $100 million. Continue Reading New Lending Platform Aims at Multifamily Property Owners
Michigan Real Estate Agent Sentenced in Child Predator Case
64-year-old John DeMarco received a sentence of 30 to 240 months. Continue Reading Michigan Real Estate Agent Sentenced in Child Predator Case
Leadership Change at Arch Capital Group
Nicolas Papadopoulo will succeed the retiring Marc Grandisson. Continue Reading Leadership Change at Arch Capital Group
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
Cornerstone Capital Bank Launches Community Lending Division
The bank stated it will seek “to close racial and economic gaps in homeownership and help families achieve their dream of owning a home.” Continue Reading Cornerstone Capital Bank Launches Community Lending Division
Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
Andrew Bailey said the guidelines protected the nation against a wave of failed mortgages. Continue Reading Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
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
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