Top Headlines
Ken Wingert Named Chief Advocacy Officer at NAHB
Wingert joins NAHB from Monument Advocacy, where he led the group’s financial services practice. Continue Reading Ken Wingert Named Chief Advocacy Officer at NAHB
Housing Issues in Spotlight in Vice Presidential Debate
CBS News personality Margaret Brennan sought to trip up Vance when she asked for evidence on the impact of illegal immigration on housing. Continue Reading Housing Issues in Spotlight in Vice Presidential Debate
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
Ex-Baltimore Prosecutor Seeks Overturn of Mortgage Fraud Conviction
Marilyn Mosby was sentenced to 12 months of home confinement, which she began in June. Continue Reading Ex-Baltimore Prosecutor Seeks Overturn of Mortgage Fraud Conviction
Epique Realty Expands into New Mexico and Utah
The company has hired William Lambert as the state broker for both markets. Continue Reading Epique Realty Expands into New Mexico and Utah
Forbearance Levels Continue to Decline
The forbearance share for portfolio loans and private-label securities decreased 6 basis points to 0.39%. Continue Reading Forbearance Levels Continue to Decline
CrossCountry Mortgage Now Offering Spanish-Language Loan Application
“Our support for the Hispanic community extends well past translated materials,” says Eric Wilson, chief marketing officer. Continue Reading CrossCountry Mortgage Now Offering Spanish-Language Loan Application
Mortgage Machine Services launches loan origination system
The LOS also provides all-in-one eClosing functionality, including an eClose room, eNotes, eVault and remote online notarization. Continue Reading Mortgage Machine Services launches loan origination system
Mortgage Rates Are Back on the Rise
“The reacceleration of inflation and strength in the economy is keeping mortgage rates elevated,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Back on the Rise
Credit Union Mortgage Originations Down 60% in Q3
Variable rate HELOCs recorded 14% year-over-year origination declines. Continue Reading Credit Union Mortgage Originations Down 60% in Q3
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
