The U.S. Department of Housing and Urban Development (HUD) on Monday published a newly-proposed rule in the Federal Register that would allow mortgage servicers to use telephonic or other electronic means to communicate with a […]
The Credit Union National Association (CUNA) late last week released two comment letters expressing the association’s agreement with proposed rules on bolstering borrower protections for Property Assessed Clean Energy (PACE) financing for home renovations. A […]
Homeowners with a mortgage rate above 5% are nearly twice as likely to say that they plan to sell their home than those paying a rate below 5%, according to Zillow’s quarterly survey report. Additionally, […]
Rocket Companies announced major leadership changes on Monday. The company appointed Varun Krishna, a veteran in the financial technology world who held executive positions at Intuit and PayPal, as its new CEO. In addition, Bob Walters has informed the […]
Today’s RealTrending features Rich Hopen, broker-associate of Compass and co-founder of REAL-E in New Jersey and Susan Vanech, broker-associate of Compass and founder of Compass Coastal in Connecticut. Hopen is a self-taught expert in all things ChatGPT and artificial intelligence […]
It’s not a new story. During soft market conditions, title and settlement services firms seek to cut their expenses. That generally means paring back or eliminating expenses and resources that can’t be classified as “revenue-producing.” […]
Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. About half of the workers laid off last week were engineers and […]
The U.S. housing market is in for a prolonged slump, according to at least one expert. In a recent interview with Fox Business, ProChain Capital President David Tawil discussed the Federal Reserve’s ongoing battle with […]
U.S. Treasury yields were mixed on Monday as investors digested the latest inflation data, which could affect Federal Reserve monetary policy, and considered the outlook for the economy. At 5:33 a.m. ET, the 10-year Treasury yield was […]
Have you been looking around the housing market and thinking “There goes the neighborhood”? Well, you are not alone. In May of this year, ATTOM recorded a sharp uptick in foreclosure rates around the United States. Adding […]
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