Top Headlines
Jay Crowell Named National Retail Division President at Cornerstone Home Lending
He most recently served as president of the Pacific Northwest region. Continue Reading Jay Crowell Named National Retail Division President at Cornerstone Home Lending
Zillow Promotes SVP Jun Choo to Chief Operating Officer
Zillow announced the departures of Susan Daimler and Matt Daimler, president of Zillow and senior vice president of product, respectively. Continue Reading Zillow Promotes SVP Jun Choo to Chief Operating Officer
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
Forecast: Property Damage from Hurricane Milton Could Cost up to $50 Billion
Verisk noted that while Milton is expected to have a significantly higher insured loss tally than Helene. Continue Reading Forecast: Property Damage from Hurricane Milton Could Cost up to $50 Billion
Mortgage Application Activity Surges by 20%
The Refinance Index increased 35% from the previous week – the highest level in six months. Continue Reading Mortgage Application Activity Surges by 20%
United Wholesale Mortgage in AI Partnership with Google Cloud
UWM will integrate Google Cloud AI and machine learning tools into its lending platform. Continue Reading United Wholesale Mortgage in AI Partnership with Google Cloud
Start-Up to Offer Continuing Education and Training for Mortgage Professionals
Next Level Education was co-founded by longtime mortgage industry professionals JR Huber and Debbie Gadberry. Continue Reading Start-Up to Offer Continuing Education and Training for Mortgage Professionals
VA to End Mortgage Rescue Program for Veterans
Mortgage Bankers Association President and CEO Bob Broeksmit criticized the decision. Continue Reading VA to End Mortgage Rescue Program for Veterans
Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.64% as of April 3. Continue Reading Mortgage Rates Continue to Decline
Slowing in Refinance Drives Down Mortgage Application Activity
The median sales price of new houses sold in February was $414,500. Continue Reading Slowing in Refinance Drives Down Mortgage Application Activity
Bank of America Reports 80% Surge in Q1 Mortgage Applications
“We’re seeing a steady increase in home buying activity, and it’s beyond what we would normally see from a seasonality perspective,” said Matt Vernon, head of consumer lending. Continue Reading Bank of America Reports 80% Surge in Q1 Mortgage Applications
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
The revised forecast was mirrored by a mild upward revision for predicted existing home sales in 2025. Continue Reading Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
Mixed Results in Latest Mortgage Rate Data
The 30-year fixed-rate mortgage averaged 6.65% as of March 13 Continue Reading Mixed Results in Latest Mortgage Rate Data
CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
The CFPB is seeking to return the $105,000 settlement funds to the company. Continue Reading CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
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