April 27 (Reuters) – Contracts to buy U.S. previously owned homes tumbled unexpectedly in March to snap a three-month rebound, raising a caution flag about what had appeared to be a nascent recovery in a housing […]
California-based Pennymac Financial Services reported gains in its servicing portfolio that offset losses with its origination activity in the first quarter of 2023, allowing the company to deliver an overall profit in the period. However, Pennymac’s profitability […]
For the first time since November 2022, pending home sales fell in March, posting a 5.2% month-over-month decrease, according to data released Thursday by the National Association of Realtors(NAR). The monthly drop resulted in the Pending Home Sales […]
California-based Impac Mortgage Holdings, a former mortgage lender repositioning itself as a brokerage firm, announced on Thursday that NYSE American, LLC. has started the proceedings to delist its common stock from the exchange, suspending its trading immediately. Impac does not […]
This marked the third straight quarterly decrease nationwide and resulted in the lowest investment return since mid-2021. The post Profit Margins on Home Sales Down 44.2% During Q1 appeared first on Weekly Real Estate News.
Financial wellness technology company EarnUp reached a new milestone last quarter, helping millions of Americans schedule mortgage, auto, and student loan payments through its Payday to Payday program and technology. The company says it processed […]
“We look forward to seeing the meaningful difference we’ll make together in communities across the country,” said Charlie Scharf, CEO of Wells Fargo. The post Wells Fargo Teams with T.D. Jakes on Community Revitalization Endeavor […]
Movement Mortgage has tapped Brady Yeager to join the team as national sales director, a role that will lead the expansion of Movement across the country. “I’ve always been passionate about helping loan officers grow […]
The Consumer Financial Protection Bureau (CFPB) issued guidance this week for debt collectors seeking to foreclose on homes with mortgages past the statute of limitations, also known as “zombie mortgages.” The guidance comes in the […]
Securing a home on Earth can be challenging to some, but finding an abode in the outer edges of the universe takes an additional skill set. Realtor.com announced it has teamed with the upcoming film […]
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