Future Actions of Fed Chair Jerome Powell Regarding Rate Cuts
Anticipation builds around Fed Chairman Jerome Powell's next move after the jobs report and trade deal deadlines, impacting interest rates and lending.
Rising Locked Loan Volume Amid Declining Mortgage Rates
Total lock volume rose by 1.95% compared to May, following a decline of 5.87% in April, indicating shifting trends in mortgage lending activity.
Pulte announces immediate acceptance of VantageScore 4.0 by GSEs.
Fannie Mae and Freddie Mac will now accept the VantageScore 4.0 credit model, while still using tri-merge scores from three bureaus for evaluation.
Mortgage Rates Decline Slightly, Yet Policy Stalemate Sustains Elevation
Federal Reserve support through lower benchmark rates seems unlikely as traders expect the federal funds rate to hold steady at 4.25%-4.5% this month.
NorthstarMLS Rejects Exempt Listings for Delayed Marketing Practices
The Minnesota MLS adopts NAR’s mandatory Multiple Listing Options policy but will continue to exclude delayed listings, impacting private lender strategies.
Waltz secures an additional $25M to enhance global real estate investment.
The company aims to enhance its capacity, supporting up to $1 billion in loan volume, responding to increased foreign interest in U.S. real estate.
Layoffs are redefining retirement for seniors in today’s workforce.
Explore how layoffs and buyouts impact older workers' finances, affecting their ability to secure loans and manage retirement planning effectively.
Skydan Equity Partners Launches ‘Buy Before You Sell’ Initiative
Skydan Group introduces a program allowing homeowners to purchase a new home before selling their current one, addressing market pressures and enhancing flexibility.
Plaintiffs Seek Court Reconsideration in Fake Leads Lawsuit
Plaintiffs in the Bandy suit seek reconsideration for a motion to compel arbitration, following the March dismissal, highlighting ongoing legal complexities.
NAR Applauds Approval of Significant Legislative Measure
Legislation introduces significant changes, including a fourfold increase in state and local tax deduction caps, addressing key policy goals for private lenders.