The Consumer Financial Protection Bureau (CFPB) on Wednesday announced that it has ordered mortgage lender and servicer OneMain Financial to pay $20 million in redress and penalties stemming from sales practices the Bureau has called […]
There was less interest from borrowers for purchase loans and refinancing. The post Mortgage Application Activity Continues to Decline appeared first on Weekly Real Estate News.
Austin-based rent reporting fintech Boom announced on Wednesday that it has raised $4.5 million in a seed round to improve user experience, expand its product offerings and market its app to customers. The seed round […]
One of the major home price indices showed a continued increase in national home prices in March and less waffling in some local markets. A second index, the Federal Housing Finance Agency’s (FHFA’) Housing Price […]
With the summer break approaching and already here for some districts, US teachers and educators have an opportunity to earn extra income by hosting on Airbnb. Like other Americans, teachers have had to navigate the […]
“Inventory is at roughly two thirds the levels it was pre-pandemic,” Kelman said. The post Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values appeared first on Weekly Real Estate […]
Rising rates and sparse inventories continue to hamper the mortgage market. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, decreased 3.7 percent on a seasonally adjusted […]
The Federal Housing Administration (FHA) submitted for public comment on Wednesday its proposal to create a new partial claim option, a result of its acknowledgment that its current loss mitigation toolkit isn’t enough to support struggling borrowers […]
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