Inflation rises to 4.2%, Fed expected to maintain current interest rates.
May's CPI increase of 4.2% y/y, driven largely by energy costs, highlights ongoing inflation trends, with core inflation also showing upward movement.
Latest MBA Survey Shows Rebound in Refinance and Purchase Applications
Mortgage applications increased by 10.8% week-over-week, driven by a 15% rise in refinance applications and a 7% increase in purchase applications.
AppFolio introduces connector for Realm-X AI suite and Claude by Anthropic.
Explore how the integration of Claude's reasoning abilities with Realm-X's property management insights enhances decision-making for private lenders.
MetroList and Lundy Introduce AI Assistant for Real Estate Professionals
Enhance efficiency with AI-driven tools that allow agents to manage emails, summarize communications, and access property and market data seamlessly.
HousingWire Purchases Keeping Current Matters to Enhance Local Data for Agents
HousingWire acquires Keeping Current Matters, enhancing real estate agents' tools for hyperlocal market intelligence to secure listings and foster client relationships.
The essential verification layer missing in financial systems
As AI transforms financial decision-making, lenders face growing "verification debt." Establishing trusted data is crucial for maintaining systemic stability.
Mortgage and Real Estate Compete for Primary Market Positioning
Discover how mortgage and real estate companies are adapting to persistently high interest rates by pursuing market share growth through mergers and acquisitions.
Darren Macri Appointed President of the Passive House Network Board
Darren Macri has been appointed Board President of the Passive House Network, advancing energy-efficient building practices. Explore the implications for private lenders.
California Settles with Select Portfolio Servicing for $4.6 Million
SPS agrees to pay $1.6 million in civil penalties and $3 million in restitution for borrowers affected by its practices, pending court approval.
Ex-DC Housing Official Admits Guilt in Mortgage Fraud Case
Richard Cunningham pleaded guilty to making false statements to a mortgage lending business, highlighting risks and the importance of due diligence in lending practices.