Top Headlines
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
New Coalition Seeks to Protect Quartz Industry Jobs
“The US quartz industry is an American success story built by small and family-owned American businesses,” said Rupesh Shah, co-CEO of the distributor M S International. Continue Reading New Coalition Seeks to Protect Quartz Industry Jobs
Syracuse University Launches Master of Science Real Estate Program
The one-year, on-campus program can be completed in one calendar year, with flexibility for students who prefer a longer timeline. Continue Reading Syracuse University Launches Master of Science Real Estate Program
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Holding a special session does not guarantee that any legislation would pass. Continue Reading Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
FinCEN Delays Implementing Residential Real Estate Transfers Rule
The RRE Rule was announced in August 2024 and slated to go into effect on Dec. 1. Continue Reading FinCEN Delays Implementing Residential Real Estate Transfers Rule
Palantir Teams with Moder on AI-Powered Mortgage Operations Platform
“This strategic partnership will reshape the future of our industry,” said Michael Middleman, chairman of Moder. Continue Reading Palantir Teams with Moder on AI-Powered Mortgage Operations Platform
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges
“Consumer protection is paramount and licensed mortgage brokers must comply with regulatory requirements,” said Elissa Sinha, director of enforcement at FSRA. Continue Reading Ex-Ontario Mortgage Broker Fined $600,000 Over Misconduct Charges
Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Equifax and Experian Reduce VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
TransUnion previously announced its 99-cent deal. Continue Reading Equifax and Experian Reduce VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
TransUnion Cuts VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
“Prior to this announcement, TransUnion’s charge for VantageScore in mortgage origination was $4.00,” said TransUnion’s David M. Blumberg, Continue Reading TransUnion Cuts VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
Mortgage Application Activity Surges by 11%
The FHA share of total applications decreased to 15.8% from 16.1% the week prior. Continue Reading Mortgage Application Activity Surges by 11%
Recent Posts
Decaying Frank Lloyd Wright House in Chicago Acquired by Local Nonprofit- Chief of Staff to Former NYC Mayor Adams Indicted in Migrant Housing Briber…
- Historic Gravesites Uncovered During Renovations at South Carolina Stadium
- Greystar Unveils The Parson, a New Luxury Apartment Community in Denver
- Minnesota Real Estate Broker Convicted of Exploiting Muslim Homebuyers with…
