Top Headlines
Valet Living Promotes Matt Graves to President
Graves has been the company’s chief operating officer since 2022 and will retain that title. Continue Reading Valet Living Promotes Matt Graves to President
Freddie Mac Names Diana Reid as New CEO
She succeeds Michael J. DeVito, who retired earlier this year. Continue Reading Freddie Mac Names Diana Reid as New CEO
Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
For the real estate industry, Biden’s exit leaves unanswered questions on whether Harris would continue Biden’s proposals. Continue Reading Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
The exact focus of the DOJ’s inquiry is unclear. Continue Reading Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes
Visionary Homes was founded in 2004 and has 30 active Utah communities. Continue Reading Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes
MBA: Mortgage Application Activity Down 8.8%
The refinance share of mortgage activity inched up to 27.6%. Continue Reading MBA: Mortgage Application Activity Down 8.8%
New Home Purchase Mortgage Applications Up, Forbearance Level Down
“Low for-sale inventory continues to constrain sales, along with mortgage rates that remain above 6%,” said MBA’s Joel Kan. Continue Reading New Home Purchase Mortgage Applications Up, Forbearance Level Down
Rocket Mortgage Canada in New Pact with RESAAS Services
Rocket Mortgage Canada and RESAAS will share the revenue generated via the partnership from all new mortgages, mortgage renewals and refinances. Continue Reading Rocket Mortgage Canada in New Pact with RESAAS Services
Proper Rate Launches Same Day Mortgage
The service is being marketed to allow borrowers to compete against all-cash buyers. Continue Reading Proper Rate Launches Same Day Mortgage
Mortgage Rates Drop For Fifth Straight Week
Rates are at their lowest level in two months. Continue Reading Mortgage Rates Drop For Fifth Straight Week
Mortgage Application Activity Up 5.3%
The Refinance Index inched up by a scant 0.1% from the previous week. Continue Reading Mortgage Application Activity Up 5.3%
United Wholesale Mortgage Launches Conventional 1% Down
Mat Ishbia, president and CEO of UWM, said the company will “continue developing products and solutions that will help get more borrowers into homes faster, easier and cheaper.” Continue Reading United Wholesale Mortgage Launches Conventional 1% Down
Planet Home Lending Debuts 1st Year Flex Program
“We’re committed to finding innovative solutions to help more borrowers purchase a home,” said Michael Dubeck, CEO and President of Planet Financial Group. Continue Reading Planet Home Lending Debuts 1st Year Flex Program
BNC National Bank Sells Its Mortgage Division
BNC Chairman Michael Vekich said this was in the “best long-term interests of BNC Bank, BNCC’s shareholders, and the communities we serve.” Continue Reading BNC National Bank Sells Its Mortgage Division
Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low
“Mortgage credit supply increased modestly in March but remained close to its tightest levels since 2013,” said MBA’s Vice President and Deputy Chief Economist Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low













