Top Headlines
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
David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74
“David was a civic leader who got the job done and he didn’t need any acclaim,” said Wally D. Pinkard Jr., former CEO of Colliers Pinkard. Continue Reading David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74
Feds Sue Software Firm RealPage, Alleging Collusion with Landlords on Rent Hikes
Attorney General Merrick Garland said the company created a “new way to scheme with landlords to break the law.” Continue Reading Feds Sue Software Firm RealPage, Alleging Collusion with Landlords on Rent Hikes
Powell on Rates: ‘Time Has Come for Policy to Adjust’
Powell acknowledged that the Fed has been and will continue to be open to criticism. Continue Reading Powell on Rates: ‘Time Has Come for Policy to Adjust’
Mortgage-Rate Locks for Second Homes Down 19%
August is the 14th consecutive month that second-home demand is at least 30% below pre-pandemic levels. Continue Reading Mortgage-Rate Locks for Second Homes Down 19%
Start-up Platform Roam Offers Mortgages as Low as 2%
Roam’s service is currently available in Arizona, Colorado, Florida, Georgia and Texas, with plans to expand into new markets soon. Continue Reading Start-up Platform Roam Offers Mortgages as Low as 2%
Foreclosure Activity Records Uptick in August
Nationwide, one in every 4,113 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Records Uptick in August
Mortgage Application Activity Down Again
“Credit availability in August increased slightly but remained close to the very low levels last seen in January 2013,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Down Again
Mortgage Rates Drop, But Remain Above 7% Mark
“For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above 7%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Remain Above 7% Mark
The New Normal: Monthly Mortgage Payments of $2,000+ a Month
“Just when did the $2,000 monthly mortgage payment become the norm?” said Black Knight Vice President of Enterprise Research Andy Walden. Continue Reading The New Normal: Monthly Mortgage Payments of $2,000+ a Month
Redwood Trust Announces Launch of Home Equity Investment Platform
“Redwood has a history of bringing innovative solutions to the non-Agency housing market and we are thrilled to begin directly offering HEI,” said Christopher Abate, CEO of Redwood. Continue Reading Redwood Trust Announces Launch of Home Equity Investment Platform
Ouch! Mortgage Application Activity Sinks to 27-Year Low
“Both purchase and refinance applications fell, with the purchase index hitting a 28-year low,” said MBA’s Joel Kan. Continue Reading Ouch! Mortgage Application Activity Sinks to 27-Year Low
Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
“The national mortgage delinquency rate remained at a historic low in June,” said Molly Boesel, principal economist for CoreLogic. Continue Reading Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
Mortgage Rates Drop, But Still Above 7%
“Recent volatility makes it difficult to forecast where rates will go next,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Still Above 7%
Recent Posts
Mortgage Delinquency Rate Inches Up to 3.72%
Appreciation Homes LLC Debuts Direct Title Security, an Investment Vehicle …
Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm B…
NYC Mayor Mamdani Launches Expedited Process to Approve Affordable Housing …
Sen. Hawley Begins Investigation into FICO’s Mortgage Credit Score Pr…