The Consumer Financial Protection Bureau (CFPB) filed a brief this week with the U.S. Supreme Court contending that its funding source does not violate the appropriations clause of the U.S. Constitution, despite a recent Fifth […]
Office buildings remain empty in cities across the United States as many workers continue to work from home more than three years after the coronavirus pandemic began. A large number of workers may never return to the […]
The rate on a popular type of home loan declined this week as mortgage applications continued to climb. The average 30-year mortgage rate was 6.35% as of Thursday, according to Freddie Mac ’s weekly primary mortgage market survey. […]
US inflation has cooled to its slowest pace since May 2021, casting doubt on further Fed interest-rate hikes. Annual gains in the Consumer Price Index declined to 4.9% in April, according to data released Wednesday. […]
The interest rate on a standard 30-year mortgage would jump as high as 8.4% if the U.S. defaults on its debts this summer, raising housing costs for new buyers by 22%, according to a new analysis by […]
Trouble in the commercial real estate sector — including office buildings across the country that stand largely unoccupied — is a possible risk to the U.S. financial system, according to the Federal Reserve’s latest Financial Stability report released on […]
National Mortgage Insurance Corporation (National MI) announced on Tuesday its integration with Vesta, a loan origination system (LOS) provider and software-as-a-service company. The technology integration enables lenders to obtain price quotes and order National MI’s […]
The inaugural Tech Equity Hackathon will be held June 16–18 at American University in Washington, D.C. The post Hackathon Aims to Remove Algorithmic Bias from Housing and Lending appeared first on Weekly Real Estate News.
Appraisal management software company Reggora announced this week the launch of its Appraisal Marketplace, which leverages data managed by the company in an effort to improve appraisal performance. Since most appraisal orders are sent either […]
On Monday, Washington state Gov. Jay Inslee (D) signed a series of bills into law that are designed to address the state’s housing issues, relating particularly to supply and housing affordability. Included in the package […]
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