Mortgage Applications and Refinance Activity Decline During Holiday Week
Mortgage applications fell by 1.4% last week, with a notable drop in refinancing activity for both conventional and government loans, signaling market shifts.
Realtor.com forecasts a gradual recovery of the housing market.
Recovery in the housing market remains sluggish as existing-home sales lag significantly, influenced by ongoing political and economic uncertainties.
Kriss Law/Atlantic Closing & Escrow Expands in New England Through Merger
Kriss Law and Atlantic Closing & Escrow have merged with DaMore Law and Green Mountain Lawyers, enhancing service offerings in private lending and real estate.
More than 60% of NYC Homes Were Purchased with Cash in Recent Analysis
New foreclosure filings in the city surged, highlighting significant market shifts. Explore the trend of all-cash home purchases in NYC for deeper insights.
eXp’s new framework demonstrates that transparency is now essential.
eXp Realty mandates disclosure on referral fees, enhancing transparency. This shift emphasizes consumer choice in selecting ancillary services for better-informed decisions.
MBA Proposes Revisions to Federal Reverse Mortgage Programs
MBA proposes seven reforms for the HECM and HMBS programs, focusing on new securitization options and adjustments to mortgage insurance premiums.
Analysis Highlights Potential Issues in DeSantis’ Florida Property Tax Proposal
Florida home values have decreased by approximately 3% year-over-year, raising concerns about potential impacts of the proposed tax plan.
Bayview Asset Management Finalizes $1.3 Billion Acquisition of Guild Holdings
Bayview Asset Management's acquisition of Guild Holdings as a private entity could reshape the landscape for private lenders and loan servicing operations.
Court Consolidates Lawsuits Regarding Zillow and Redfin’s Multifamily Agreement
FTC and five states have filed lawsuits against Zillow, claiming its partnership with Redfin hinders competition in multifamily rental listings.
Increasing credit report expenses could lead to upfront fees in mortgages.
Mortgage originators are shifting to upfront credit report fees as costs rise, with projections indicating a potential 50% increase by 2026.