Homeowner Count in the U.S. Declines for the First Time Since 2016
U.S. median home sale prices reached a record high of $443,867 in July, marking a 1.4% increase year-over-year and influencing private lending strategies.
Bright MLS Introduces Comprehensive Technology Tool Suite, Bright Solutions
Bright plans to sell its tech solutions, previously exclusive to its subscribers, to other industry players, with MLS Now as its first customer.
Mat Ishbia Discusses CFPB Reductions and Trump’s Fraud Claims Against Cook
Mat Ishbia, CEO of United Wholesale Mortgage, discusses the implications of recent Trump administration policies on the mortgage industry and private lending.
Figure Plans IPO to Raise $526 Million
Company seeks to list shares on Nasdaq Global Select Market with the ticker symbol “FIGR,” potentially enhancing visibility and investment opportunities.
Upcoming Jobs Report’s Impact on Mortgage Rates
Housing affordability has recently improved, potentially enhancing the purchase market this fall if interest rate policies shift favorably for buyers.
Advalis CEO discusses the enhanced FinCEN compliance platform
A comprehensive platform tailored for title companies, escrow officers, and settlement agents to navigate FinCEN's Residential Real Estate Reporting Rule efficiently.
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.