Top Headlines
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
Title Resources Group Acquires Doma
Doma Title Insurance Inc. will operate as a subsidiary of TRG. Continue Reading Title Resources Group Acquires Doma
GSEs Update Private Mortgage Insurer Eligibility Requirements
The updated standards will be implemented through a 24-month phased-in approach, with a fully effective date of Sept. 30, 2026. Continue Reading GSEs Update Private Mortgage Insurer Eligibility Requirements
Utah Files Lawsuit Challenging Federal Control Over Most BLM Land
“It is not a secret that we live in the most beautiful state in the nation,” said Gov. Spencer Cox. Continue Reading Utah Files Lawsuit Challenging Federal Control Over Most BLM Land
Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm
Franklin Homes was founded in 1969 and its residences are sold through a retail network in 14 states. Continue Reading Manufactured Housing Producer Franklin Homes Acquired by Private Equity Firm
A Phil Hall Op-Ed: A Future That Could Have Been
Mark Olson, co-chairman of the board of Corporate Risk Advisors, said, “Anything with a discreet income stream can be privatized.” Continue Reading A Phil Hall Op-Ed: A Future That Could Have Been
Guild Mortgage Acquires First Centennial Mortgage
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
Zillow Home Loans Debuts 1% Down Payment Program
The program is initially being offered on properties located in Arizona, with plans to expand to additional markets. Continue Reading Zillow Home Loans Debuts 1% Down Payment Program
Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
There were 714,000 new single-family home sales last month, up 31.5% from July 2022. Continue Reading Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
Zombie Property Levels in Slight Rise
315,425 residential properties are in the process of foreclosure in the third quarter of this year. Continue Reading Zombie Property Levels in Slight Rise
MBA: Purchase Loan Applications at 28-Year Low
The adjustable-rate mortgage share of activity increased to 7.6% of total applications, its highest level in five months. Continue Reading MBA: Purchase Loan Applications at 28-Year Low
Foreclosure Inventory Hits 15-Month Low
Among the states, Mississippi had the highest non-current percentage at 7.65% and Colorado had the lowest with 1.95%. Continue Reading Foreclosure Inventory Hits 15-Month Low
MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
The states with the lowest share of loans that were current were Louisiana, Mississippi, Indiana, New York, and West Virginia. Continue Reading MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
MBA: Independent Mortgage Banks Record Lower Production Losses in Q2
“There were signs of improvement in the second quarter of 2023,” said MBA’s Marina Walsh. Continue Reading MBA: Independent Mortgage Banks Record Lower Production Losses in Q2
Survey: Nearly Half of Canadians Have Regrets Over Their Mortgages
“Having blind faith in banks could be an expensive mistake for homebuyers,” said Joe White, president and CEO of REMIC. Continue Reading Survey: Nearly Half of Canadians Have Regrets Over Their Mortgages
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