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
NAR Rival American Real Estate Association Begins Membership Drive
“We’ve been busy behind the scenes these last few months building the foundation for your new trade association,” said the co-founders in their email alert. Continue Reading NAR Rival American Real Estate Association Begins Membership Drive
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
Average Homebuyer’s Monthly Mortgage Payment Up 19% From Last Year
Pending home sales were down 14.4% year-over-year, with declines in all but two of the metros tracked by Redfin. Continue Reading Average Homebuyer’s Monthly Mortgage Payment Up 19% From Last Year
Mortgage Rates Inch Closer to the 7% Mark
Freddie Mac’s Sam Khater attributed the rising rates to “upbeat economic data and the U.S. government credit rating downgrade.” Continue Reading Mortgage Rates Inch Closer to the 7% Mark
Mortgage Application Activity Slows Again
The refinance share of mortgage activity inched up to 28.9% of total applications from 28.7% in the previous week. Continue Reading Mortgage Application Activity Slows Again
Florida Scammer Pleads Guilty to Running Phony Mortgage Audit Service
The consumers’ payments went into bank accounts controlled by Lozito, who used the money to fund his operation and to cover personal expenses. Continue Reading Florida Scammer Pleads Guilty to Running Phony Mortgage Audit Service
MBA: $480.1 Billion in Multifamily Mortgages During 2022
Last year’s total was generated by 2,242 lenders. Continue Reading MBA: $480.1 Billion in Multifamily Mortgages During 2022
CBC Mortgage Agency Adds USDA Loans to Correspondent Offerings
USDA loans offer 100% financing for low- and moderate-income borrowers in eligible rural areas. Continue Reading CBC Mortgage Agency Adds USDA Loans to Correspondent Offerings
Mortgage Rates Are Up Again
“Higher interest rates continue to dampen activity in interest rate-sensitive sectors,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Up Again
Mortgage Delinquency Rate Crashes to All-Time Low
CoreLogic noted that 14 states posted an annual increase in overall delinquency rates in May. Continue Reading Mortgage Delinquency Rate Crashes to All-Time Low
JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
Among the major servicers, Rocket Mortgage ranked the highest with a score of 686 out of 1,000. Continue Reading JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
Declines Reported in New Home Sales, Mortgage Application Activity
The purchase index was at “its lowest level in over a month,” said MBA’s Joel Kan. Continue Reading Declines Reported in New Home Sales, Mortgage Application Activity
