From financial results and partnerships to new appointments and technology get the latest buzz on the mortgage industry in this weekly update.
Read More »Housing Demand Declining for First Time in 4 Years
Buyers looking at purchasing a home for the first time are pulling back in a trend that is likely to be seen more often, according to a report. Here’s why.
Read More »Deep Diving into Existing Home Sales
After a brief spurt in the first quarter, the sales of existing homes fell again last month even as home prices remained high. What other factors caused this slide?
Read More »Mortgage Applications Slip Again
As mortgage rates continued to climb, loan applications declined for the second week. But how did they perform compared with last year? Click through to learn more.
Read More »Mel Watt Outlines GSE Conservatorship Challenges
Saying that the “status quo is not a viable option” on the current conservatorship of the GSEs Sen. Mike Crapo and the Senate Banking Committee heard the testimony of Melvin Watt, Director, FHFA on the status of the housing finance system. Here’s what he had to say.
Read More »Industry Reacts to Brian Montgomery as FHA Commissioner
After months of delays, Brian Montgomery’s nomination for Assistant Secretary for Housing-Federal Housing Commissioner, U.S. Department of Housing and Urban Development, has finally been approved by the Senate ...
Read More »International Home Shoppers and U.S. Metros
Money from housing investors around the world continues to zero in on one particular U.S. region. But there's plenty of interest on the other side of the country too.
Read More »New Homes for Sale Near Decade High
Despite slipping in April, sales of new homes remained well above the levels seen last year. Experts weigh in on what the numbers say about the homebuying season.
Read More »Crapo: “An Important Moment for Small Financial Institutions”
The Economic Growth, Regulatory Relief and Consumer Protection Act which aims at providing relief to small banks and credit unions from certain regulations under the Dodd-Frank Act, was passed by the House today. Here’s how the industry reacted.
Read More »The Ups and Downs of California’s Housing Market
Homes in the Golden State are selling fast, but not at the same clip as last year a report found. What other factors impacted the nation’s hottest housing market in the first quarter?
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