An atypical summer for home price growth and mortgage rates approaching their lowest point in 12 months could entice sidelined buyers, Cotality said.
Fading rates pushed home loan activity to its fourth consecutive week of gains.
The proposal by a regulator overseeing government-related loan buyers could cut companies with small infractions off from a key source of business, groups say.
While FHFA reduced most of the single-family low-income goals, the MBA wants the refinance target for Fannie Mae and Freddie Mac cut as well, its letter said.
The latest case comes after at least three other zombie lawsuits in the past year, with the owner of the loan in question claiming $173,000 in past-due interest.
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The lender is seeking to dismiss the lawsuit, calling the purported scheme to also deprive its loan officers of full compensation implausible.
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The data suggest U.S. homebuilders are successfully luring buyers off the sidelines with aggressive sales incentives.
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The St. Petersburg, Florida-based company plans to market 18.4 million shares for $18 to $20 each, according to its Securities and Exchange Commission filing.
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Financial markets tend to shrug off threats of a shutdown given the history of standoffs being resolved. Both sides are more dug in this time.
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Refinancing indicators recorded muted gains as home sales challenges persisted ahead of a period when politics may change the market outlook.
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Federal Reserve Chair Jerome Powell said in a speech Tuesday that the central bank's policy stance is "modestly restrictive," a stance that will give the central bank flexibility to react to an uncertain economic future.
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Allowing real estate investment trusts to bridge the capital need for affordable housing could help de-escalate a rising public funding crisis.
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The Supreme Court's recent ruling that the disparate impact theory of liability can be applied to the Fair Housing Act means mortgage lenders must be even more vigilant in their ongoing testing and evaluation of business practices that could be interpreted as even unintentional discrimination.
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The Consumer Financial Protection Bureau's reach beyond RESPA's statute of limitations and subjective lens on marketing agreements taps into industry fears of retroactive punishment.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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