The Consumer Financial Protection Bureau stated on Tuesday that it will be lenient when enforcing changes made in the 2020 Home Mortgage Disclosure Act Final Rule on the closed-end loan reporting threshold. On September 23, […]
HW Media, publisher of HousingWire, RealTrends and Reverse Mortgage Daily, announced today that it has closed on the strategic acquisition of Altos Research, the premier resource for real-time real estate data, providing weekly market statistics, […]
Mortgage rates continued the downward trend this week amid signs that the U.S. economy is cooling down due to the tightening monetary policy. The recent declines, however, have not been enough to convince borrowers to […]
Lending standards loosened in November for the first time in nine months as mortgage rates remaining elevated and the housing market slowed further, the Mortgage Bankers Association (MBA) said on Thursday. The MCAI rose by […]
After returning from the Thanksgiving holiday, the roughly 575 staffers at Reverse Mortgage Funding assembled nervously on two separate Microsoft Teams meetings. On the first virtual meeting, 472 employees received the bad news that many […]
Former California mortgage broker Alex Ashod Dadourian was sentenced to five years and four months in prison for a loan fraud scheme in which Dadourian forged mortgage approval documents totaling more than $8 million to […]
Appraisal turn times have historically been a pain point in the mortgage process and in boom times, when transaction volumes soar, turn times tend to be one of the first casualties. In 2020 and 2021, […]
Source: Washington Post — It’s time to take a few steps back, build up a head of steam and dive headfirst into our favorite descriptive data sets and reader questions. Here’s the latest Data Dive! […]
Everyone recognizes the importance of data when it comes to understanding the customer, but the real question is how to deploy it. Recently as the real estate industry has shifted from a buyer’s market to […]
Source: Insider — Housing affordability tanked in California this year. But the state’s stratospherically-high home prices have also led to it witnessing some of the biggest drops in median sale prices since much of the US housing […]
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