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Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
The Asia-Pacific region led the 3D printing construction market in 2023 with a 42% revenue share. Continue Reading Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Fannie Mae and Freddie Mac have been in conservatorship for 16 years. Continue Reading Report: Ex-Trump Administration Officials Formulating New GSE Reform Plan
Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
Dwell Equities agreed to stop engaging or continuing a foreclosure rescue service or engage in equity stripping. Continue Reading Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
The court’s 5-2 ruling determined that a “residence” is not synonymous with a permanent presence. Continue Reading Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
Interior Design/Staging Firm Linden Creek Launches Franchise Program
The total investment to open a Linden Creek franchise is between $199,000 and $299,000. Continue Reading Interior Design/Staging Firm Linden Creek Launches Franchise Program
David H. Stevens: Mortgage Fee Changes Politicized ‘Across the Conservative Media’
One of the most prominent thought leaders in the mortgage banking industry is complaining that politics is framing the narrative surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac that will...
Report: Average Monthly Mortgage Payment is $2,317
Average mortgage payments are most expensive in Hawaii ($3,696), California ($3,399) and Massachusetts ($3,201). Continue Reading Report: Average Monthly Mortgage Payment is $2,317
MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
Broeksmit said the changes “were meant to address some anomalies in the previous pricing structure.” Continue Reading MBA Chief Broeksmit: ‘Awful Lot of Misinformation’ on Mortgage Fee Changes
The 30-Year Fixed-Rate Mortgage Inches Up Again
“Rates should gently decline over the course of 2023,” said Freddie Mac Chief Economist Sam Khater. Continue Reading The 30-Year Fixed-Rate Mortgage Inches Up Again
Mortgage Delinquency Rate Remains Near Record Low
No state posted an annual increase in overall delinquency rates in February. Continue Reading Mortgage Delinquency Rate Remains Near Record Low
MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
The national PAPI rose to 171.5 in March from 168.9 in February, a record high. Continue Reading MBA: Mortgage Application Payments Up 1.6% to $2,093 in March
MBA: Mortgage Applications Up 3.7%
The seasonally adjusted Purchase Index increased 5%. Continue Reading MBA: Mortgage Applications Up 3.7%
CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
CFPB Director Rohit Chopra said that “threatening to sue to collect on expired zombie mortgage debt is illegal.” Continue Reading CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
Mortgage Delinquencies at Record Low
Every state recorded lower delinquency levels in March, ranging from 11.9% in Washington to 21.5% in Vermont. Continue Reading Mortgage Delinquencies at Record Low
Redfin: One-Third of 25-Year-Olds are Homeowners
The typical mortgage rate for homebuyers under 25 using a conventional loan was 3.3% in 2020 and 3.1% in 2021. Continue Reading Redfin: One-Third of 25-Year-Olds are Homeowners
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