Top Headlines
Former Illinois Bank President Sentenced for Role in Real Estate Fraud
He will also likely receive a lifetime ban from banking. Continue Reading Former Illinois Bank President Sentenced for Role in Real Estate Fraud
Judge Rejects Preliminary Injunction Request by Move Against CoStar
Judge George H. Wu denied the request by Move for limited expedited discovery in the lawsuit against CoStar. Continue Reading Judge Rejects Preliminary Injunction Request by Move Against CoStar
Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
In January 2023, Brenda Donald received a $41,250 bonus – the highest payment provided by her contract. Continue Reading Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning
Another Leadership Turnover at Jacksonville Housing Authority
Roslyn Mixon-Phillips was approved by the agency’s board of commissioners. Continue Reading Another Leadership Turnover at Jacksonville Housing Authority
Steve Fritzer Named Director of Development at Venterra Realty
“Steve’s appointment marks a significant milestone for Venterra as we expand our residential product line,” said CEO John Foresi. Continue Reading Steve Fritzer Named Director of Development at Venterra Realty
Geneva Financial Debuts Portfolio Lending Division
“This new division is an exciting addition to our already robust offering,” said Geneva Financial CEO Aaron VanTrojen. Continue Reading Geneva Financial Debuts Portfolio Lending Division
Mortgage Delinquency Rate Drops to Near-Record Low
Serious delinquencies (loans 90 or more days past due) were down by 18,000 from April, a 3.7% drop. Continue Reading Mortgage Delinquency Rate Drops to Near-Record Low
CrossCountry Mortgage Debuts Program to Help First-Time Buyers with Down Payment Costs
CCM Smart Start is available in all 50 states and Puerto Rico. Continue Reading CrossCountry Mortgage Debuts Program to Help First-Time Buyers with Down Payment Costs
Planet Home Lending Buys MSR Portfolio from Village Capital & Investment
Planet plans to continue acquiring MSRs through bulk and co-issue transactions. Continue Reading Planet Home Lending Buys MSR Portfolio from Village Capital & Investment
Mortgage Rates Drop Again
“Mortgage rates slid down again this week but remain elevated compared to this time last year,” said Chief Economist Sam Khater, Continue Reading Mortgage Rates Drop Again
Mortgage Application Activity Records Scant Uptick
MBA’s Builder Application Survey data for May saw applications for new home purchases were up by 8% from April. Continue Reading Mortgage Application Activity Records Scant Uptick
Mortgage Rates Down Again
The 30-year fixed-rate mortgage averaged 6.69% as of June 15, down from last week when it averaged 6.71%. Continue Reading Mortgage Rates Down Again
FHA Makes Single-Family Mortgage Documents Available in Five Additional Languages
“These new resources will help prospective homebuyers better understand their transaction,” said Federal Housing Commissioner Julia Gordon. Continue Reading FHA Makes Single-Family Mortgage Documents Available in Five Additional Languages
Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
23.5% of mortgaged homeowners have a rate below 3%. Continue Reading Redfin: Nearly 92% of Mortgaged Homeowners Have Rates Below 6%
Mortgage Application Activity Records an Uptick
“The average loan size on a purchase loan decreased for the third straight week,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Records an Uptick
Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
