- Sep 16-17, 2025|San Diego, CA
For the four weeks ended March 2, pending sales were down 6.4% annually as prices continued to rise, pushing borrower monthly payments near their all-time high.
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Backflip, a fix-and-flip and residential transition loan originator, added $184 million in new capital from equity and debt transactions, its second raise of the year.
October 16
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Updates to the Telephone Consumer Protection Act aimed at simplifying customers' ability to opt out of robocalls and robotexts will take effect on April 11, 2025.
October 16
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Rising rates have apparently erased the optimism stemming from last month's Federal Reserve interest rate cut.
October 16
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The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank mortgage originator Fairway Independent Mortgage over redlining allegations. Fairway is the country's fifth-largest mortgage originator by volume.
October 15
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Ginnie Mae is more concerned about a small economic downturn than a large one and is working with other public entities to prepare and survive should it come to pass.
October 15
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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Pending sales indexes increased in all four U.S. regions, led by a 4.7% increase in the Northeast to the highest level since early last year.
November 27
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Despite the latest pick-up in volume, stubbornly elevated interest rates led both the Mortgage Bankers Association and Fannie Mae to recently adjust 2024 and 2025 forecasts lower.
November 27
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Residents of Minnesota have the highest average credit score, at 726, beating the national average of 701.
November 27
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The company, now known as Onity, is challenging a previous interpretation of the Fair Debt Collection Practices Act in the Eleventh Circuit Court of Appeals.
November 27
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The proposed class action lawsuit comes after Anniemac revealed that over 170,000 of its customers may have had their data leaked.
November 27
