Top Headlines
The Milestone Group Acquires 2 Apartment Communities in Virginia
The financial terms of the acquisition were not disclosed. Continue Reading The Milestone Group Acquires 2 Apartment Communities in Virginia
Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
Daniel Boldi is expected to be sentenced to three to nine years in prison and is required to pay $1 million. Continue Reading Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
Helene Update: 121 Dead, Millions Without Power Across Southeast
Florida Gov. Ron DeSantis said power had been restored for 2.32 million customers in his state. Continue Reading Helene Update: 121 Dead, Millions Without Power Across Southeast
FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
The proposed rule would clarify the terms used by the FHLBanks to determine limits on unsecured credit to counterparties. Continue Reading FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
Helene Rips Through Southeast, Leaving at Least 25 Dead
More than 4.6 million customers in nine states lost power. Continue Reading Helene Rips Through Southeast, Leaving at Least 25 Dead
Carrington Mortgage Services to Provide Section 184 Loans for Native Americans
Section 184 home mortgage loans are fully available in 24 states. Continue Reading Carrington Mortgage Services to Provide Section 184 Loans for Native Americans
MBA: Mortgage Credit Availability Up for Sixth Consecutive Month
“The jumbo index increased to its highest level since August 2022,” said MBA’s Joel Kan. Continue Reading MBA: Mortgage Credit Availability Up for Sixth Consecutive Month
Mortgage Application Activity Takes a Downturn
The seasonally adjusted Purchase Index increased 1% from one week earlier, but the unadjusted index fell by 19%. Continue Reading Mortgage Application Activity Takes a Downturn
FHA Updates 203(k) Program for Home Repair Financing
“The changes we are announcing today for the 203(k) program are long overdue,” said FHA Commissioner Julia Gordon. Continue Reading FHA Updates 203(k) Program for Home Repair Financing
EMM Loans and Calque to Offer The Trade-In Mortgage
The product will be offered by EMM Loans and its DBAs – Ideal Mortgage Group, Maximus Mortgage Advisors and Fidelity Lending LLC. Continue Reading EMM Loans and Calque to Offer The Trade-In Mortgage
Guaranteed Rate Announces Rebranding
The rebranding process will be gradual, the company stated. Continue Reading Guaranteed Rate Announces Rebranding
Mortgage Rates Rise to Just Below 7%
The 30-year fixed-rate mortgage averaged 6.95% as of July 3. Continue Reading Mortgage Rates Rise to Just Below 7%
FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. Continue Reading FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
Mortgage Application Activity Slumps Again
The FHA share of total applications remained unchanged at 13.1%. Continue Reading Mortgage Application Activity Slumps Again
Mortgage Rates Moves Further from the 7% Mark
The 30-year fixed-rate mortgage averaged 6.86% as of June 27. Continue Reading Mortgage Rates Moves Further from the 7% Mark
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