Top Headlines
Tiffany Wright Named CEO at Global Real Estate Advisors
Wright comes to GREA from HFO Investment Real Estate, where she was chief operations officer. Continue Reading Tiffany Wright Named CEO at Global Real Estate Advisors
Fathom Realty Announces Settlement of Commission Lawsuits
Fathom Realty, a wholly owned subsidiary of Fathom Holdings Inc. (NASDAQ: FTHM), announced that it has reached a nationwide settlement related to claims asserted in Burnett v. The National Association of Realtors., et al. As part of the settlement, Fathom Realty will...
Gov. Newsom Orders California Agencies to Dismantle Homeless Encampments
“The state has been hard at work to address this crisis on our streets,” Newsom said in a statement. Continue Reading Gov. Newsom Orders California Agencies to Dismantle Homeless Encampments
Enid C. Pinkney, Preservationist of Miami’s Historic Black Properties, Dies at 92
“We need to do a better job of passing on our heritage to younger generations,” she once observed. Continue Reading Enid C. Pinkney, Preservationist of Miami’s Historic Black Properties, Dies at 92
Denver City Council Questions Mayor’s Proposed Sales Tax Hike to Fund Affordable Housing
If approved, the sales tax rate would face its eighth increase in 10 years. Continue Reading Denver City Council Questions Mayor’s Proposed Sales Tax Hike to Fund Affordable Housing
MBA: Mortgage Applications Up 3.7%
The seasonally adjusted Purchase Index increased 5%. Continue Reading MBA: Mortgage Applications Up 3.7%
CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
CFPB Director Rohit Chopra said that “threatening to sue to collect on expired zombie mortgage debt is illegal.” Continue Reading CFPB Issues Guidance to Debt Collectors on Zombie Mortgages
Mortgage Delinquencies at Record Low
Every state recorded lower delinquency levels in March, ranging from 11.9% in Washington to 21.5% in Vermont. Continue Reading Mortgage Delinquencies at Record Low
Redfin: One-Third of 25-Year-Olds are Homeowners
The typical mortgage rate for homebuyers under 25 using a conventional loan was 3.3% in 2020 and 3.1% in 2021. Continue Reading Redfin: One-Third of 25-Year-Olds are Homeowners
Mortgage Rates on the Rise Again
“For the first time in over a month, mortgage rates moved up due to shifting market expectations,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates on the Rise Again
Report: IMBs Outpace Banks for Lending in LMI and Minority Areas
CRA was implemented in 1977 in response to decades of redlining practices by banks and thrifts. Continue Reading Report: IMBs Outpace Banks for Lending in LMI and Minority Areas
FDIC Auctions Mortgage-Backed Bonds from Failed Banks
Another auction is planned for next week, with the FDIC seeking to sell about $660 million of lower-rated bonds. Continue Reading FDIC Auctions Mortgage-Backed Bonds from Failed Banks
Guild Mortgage Adds 8 California Branches From Fairway Independent Mortgage
John Lowe, formerly senior vice president and division manager at Fairway, has been named district manager of the new district. Continue Reading Guild Mortgage Adds 8 California Branches From Fairway Independent Mortgage
Foreclosure Activity Up 22% Year-Over-Year
Nationwide, one in every 1,459 housing units had a foreclosure filing in the first quarter. Continue Reading Foreclosure Activity Up 22% Year-Over-Year
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%
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