Investor Share of Housing Market Decreases Yet Remains High
Investor activity in the mortgage market is currently subdued compared to 2022. However, investor share is rising as owner-occupied transactions decrease.
YouTubers expose crime ring targeting seniors, leading to 25 arrests.
Federal agents have disrupted a significant fraud scheme targeting seniors, with assistance from YouTubers who set a clever trap for the perpetrators.
FHFA’s Pulte Submits Criminal Referral Against Fed’s Cook for Mortgage Fraud
Federal Housing Finance Agency Director Bill Pulte has made a second criminal referral regarding Federal Reserve Governor Lisa Cook, raising concerns in the financial sector.
TransUnion reveals cyberattack affecting 4.4 million consumers
A recent communication to customers clarifies that the data breach, while concerning, did not impact core systems or customer credit files, ensuring minimal risk.
Analysts Divided on Future of Rocket-Mr. Cooper Servicing Portfolio
Regulatory changes now cap Fannie and Freddie servicing exposure at 20%, prompting scrutiny on potential growth opportunities for Rocket in the lending market.
Minority Owners Sue UWM’s Mat Ishbia and Phoenix Suns Over Records Issue
Minority investors in the Phoenix Suns have initiated legal action against majority owner Mat Ishbia, claiming restricted access to internal records on funding.
Generational Perspectives on the Economy and Housing Market Revealed in Survey
Survey reveals 40% of respondents foresee minimal changes in the housing market, with younger generations leaning towards neutral or positive outlooks.
Mortgage Rates Reach New Year-to-Date Low Amid Federal Reserve Uncertainty
Mortgage rates have reached a new low, highlighting the impact of political moves and central bank policies on lending conditions for private lenders.
Loan originators remain essential to the mortgage industry landscape.
Navigating challenges in the mortgage industry can feel isolating. Discover insights and support to strengthen your business in today’s competitive landscape.
Acres.com Launches Tool for Monitoring Residential Market Growth
Discover a new tool by Acres.com that unveils the individuals behind holding companies in land transactions, enhancing transparency in residential market analysis.