Top Headlines
Reports: Fannie Mae Executives Fired in New Round of Layoffs
Fannie Mae and its chairman, Bill Pulte, offered no public comment. Continue Reading Reports: Fannie Mae Executives Fired in New Round of Layoffs
NEXA Lending Acquires UMortgage in Major Mortgage Broker Deal
NEXA Lending is acquiring UMortgage in a deal that brings Anthony Casa into NEXA’s leadership and combines two prominent companies in the independent mortgage broker channel. Continue Reading NEXA Lending Acquires UMortgage in Major Mortgage Broker Deal
Judge Rules Florida Property Tax Ballot Summary is Misleading
Gov. Ron DeSantis said he disagreed with the ruling but would not challenge it. Continue Reading Judge Rules Florida Property Tax Ballot Summary is Misleading
Zillow Lays Off Over 500 Employees
Zillow Group (NASDAQ: Z, ZG) has announced plans to lay off more than 500 employees. In a corporate blog post, CEO Jeremy Wacksman claimed the company was “grateful to every person who is leaving and we’re supporting them through this transition.” However, Wacksman...
CFPB’s Chief Examiner Warns Staff of ‘Unpleasant Consequences’ from Aggressive Oversight of Financial Firms
Fatima Batie’s email informed the agency’s staff to conduct their duties in “friendly reminder…to be careful.” Continue Reading CFPB’s Chief Examiner Warns Staff of ‘Unpleasant Consequences’ from Aggressive Oversight of Financial Firms
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4%
Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
The financial terms of the deal were not disclosed. Continue Reading Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
The companies will target high-impact servicing and lending functions where AI, automation, and tailored technology can improve execution, control, and scalability. Continue Reading New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
Mortgage Delinquency Rate Inches Up to 3.55%
The share of mortgages in active foreclosure reached 0.53% in June, the highest level in six years, as foreclosure activity continued to normalize. Continue Reading Mortgage Delinquency Rate Inches Up to 3.55%
Mortgage Rates Rise for Third Straight Week
The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. Continue Reading Mortgage Rates Rise for Third Straight Week
Mortgage Application Activity Picks Up
The FHA share of total applications decreased to 17.0% from 17.7% the week prior. Continue Reading Mortgage Application Activity Picks Up
Union Home Mortgage Acquires Origination Assets of AmeriTrust Mortgage Corp.
The financial terms of the deal were not disclosed. Continue Reading Union Home Mortgage Acquires Origination Assets of AmeriTrust Mortgage Corp.
Mortgage Rates Ratchet Higher
The 30-year fixed-rate mortgage averaged 6.55% as of July 16. Continue Reading Mortgage Rates Ratchet Higher
New Home Mortgage Applications Up 2.4% From One Year Ago
The average loan size for new homes increased from $372,825 in May to $375,218 in June. Continue Reading New Home Mortgage Applications Up 2.4% From One Year Ago
Declines Recorded for Mortgage Application Activity and Mortgage Credit Availability
“Mortgage credit availability decreased in June to its lowest level since December 2025,” said Joel Kan, MBA’s vice president and deputy chief economist. Continue Reading Declines Recorded for Mortgage Application Activity and Mortgage Credit Availability
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