Top Headlines
Douglas Elliman Fires President and CEO Scott Durkin
No explanation was given for Durkin’s termination. Continue Reading Douglas Elliman Fires President and CEO Scott Durkin
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
Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History
The DOJ said past offenses “are not accurate proxies for actual underlying criminal activity nor reliable predictors of future criminal activity. Continue Reading Justice Dept. Sues St. Louis-Area Property Owner for Discrimination Based on Criminal History
Four Charged in Houston Real Estate Fraud Scheme
Harold Doyle was a tax preparer for the identity theft victim. Continue Reading Four Charged in Houston Real Estate Fraud Scheme
New California Lawsuit Challenges Residential Development Fees
Californians for Homeownership is a nonprofit organization sponsored by the California Association of Realtors. Continue Reading New California Lawsuit Challenges Residential Development Fees
reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor
The financial terms of the deal were not disclosed. Continue Reading reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor
Better.com Unveils FHA Streamline Refinance Product
Vishal Garg, CEO and founder of Better.com, said the product reduces “the traditional barriers that exist for FHA borrowers.” Continue Reading Better.com Unveils FHA Streamline Refinance Product
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. Continue Reading Mortgage Rates Remain Flat
Mortgage Application Activity Up 1.6%
Among the federal programs, the FHA share of total applications decreased to 14.6% from 15.3% the week prior. Continue Reading Mortgage Application Activity Up 1.6%
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29. Continue Reading Mortgage Rates Drop Again
Home Mortgage Lending Records Q2 Rebound
Purchase loan activity was up by 32.7% while refinance deals rose by 10.3%. Continue Reading Home Mortgage Lending Records Q2 Rebound
Mortgage Application Activity Up by a Slight 0.5%
The seasonally adjusted Purchase Index was up by 1% percent from one week earlier, but the unadjusted index was down by 1%. Continue Reading Mortgage Application Activity Up by a Slight 0.5%
Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
22% have a rate below 3%. Continue Reading Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
California Poised to Open Mortgage Assistance Program to Illegal Immigrants
Gov. Gavin Newsom has not publicly stated if he would sign the bill into law. Continue Reading California Poised to Open Mortgage Assistance Program to Illegal Immigrants
Rocket Mortgage Debuts Program to Lower Home Loan Payments
Homebuyers are eligible if they are purchasing a single-family home and have income equal to or less than 80% of their area median income. Continue Reading Rocket Mortgage Debuts Program to Lower Home Loan Payments
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