Headlines

Even with rates still below the 3% mark, purchase applications slid week-over-week, as affordability issues continue to factor into homebuyers’ decision-making process.

Both competition and the speed with which homes have been selling have passed their previous record-high peaks. However, most homes are still selling within two weeks and for more than list price.

With real home equity reaching a new peak of $20.2 trillion in Q2, an increasing number of homeowners aged 18-43 are tapping into their equity for upgrades to their homes.

Company representatives say they have added a component to a suite of products designed to transform the buying, selling, or refinancing experience.

In her new position, longtime USDA IG Phyllis Fong will oversee audits, investigations, and other oversight activities relating to FHFA’s operations. 

Low mortgage rates and continued homebuyer demand during the pandemic have driven the luxury home market to new highs, as affluent buyers continue to take advantage of a strong stock market and increased savings.

Anthony Hsieh, loanDepot Founder, Chairman, and CEO, said the two "will be instrumental in helping our board and management to drive long-term value for our stakeholders."

On the eve of the expiration date protecting Americans from COVID-related foreclosures and evictions, the FHA and FHFA have extended measures to keep those at-risk safely and securely housed through September 30, 2021.

The addition of industry vets Rich King and Victor Lee helps expand Avanze’s footprint across the U.S.

Former Ellie Mae VP brings 20-plus years of experience to his new role, leading the drive to create client-for-life relationships.