Top Headlines
FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
The FTC warned the agreement could create higher prices and worse terms for multifamily unit advertising. Continue Reading FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
“Despite being caught red-handed blatantly stealing our copyrighted work, Zillow has double downed to exploit thousands of additional copyrighted images without any shame,” said CoStar founder and CEO Andy Florance. Continue Reading CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Pulte also used his personal X account to announce Westcor was being added “to Fannie Mae’s title acceptance pilot on certain refinances.” Continue Reading FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Leadership Shift at Title Resources Group
New CEO Kevin Wall most recently served as co-president of First American Title Insurance Company. Continue Reading Leadership Shift at Title Resources Group
NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
The bill will now go back to the House of Representatives for a reconciliation process. Continue Reading NAR, MBA Praise Senate-Amended Passage of One Big Beautiful Bill
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
“They’re thinking about things that we’ve all talked about in our industry,” he said. Continue Reading United Wholesale Mortgage’s Ishbia: Trump and Pulte ‘Care About the Housing Market’
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Guild will operate as a privately held independent entity of the MSR Fund, which also owns Lakeview Loan Servicing. Continue Reading Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
