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.
Mortgage applications fell by 1.4% last week, with a notable drop in refinancing activity for both conventional and government loans, signaling market shifts.
Recovery in the housing market remains sluggish as existing-home sales lag significantly, influenced by ongoing political and economic uncertainties.
Bayview Asset Management's acquisition of Guild Holdings as a private entity could reshape the landscape for private lenders and loan servicing operations.
Bayview Asset Management's acquisition of Guild Holdings Company transforms Guild Mortgage into a private entity, enhancing strategic focus and operational flexibility.
Swalwell's lawsuit against Pulte highlights claims of mortgage fraud and potential Privacy Act violations, raising crucial questions for private lenders.
Rep. Swalwell has sued FHFA director Bill Pulte, alleging unlawful access to his mortgage records, raising significant privacy law concerns in the industry.
RealPage can avoid financial penalties but must cease using competitors' nonpublic data for rental pricing, emphasizing fair practices in the industry.
Real estate agents are leveraging agentic AI for enhanced workflow automation, streamlined lead management, and improved client communication, driving efficiency.
Discover how the trend of lower, less volatile mortgage rates is influencing the U.S. housing market, shaping opportunities for private lenders.
Mortgage prepayments reached a three-and-a-half-year peak in October, driven by lower interest rates encouraging increased borrower refinancing activity.