Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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More units sold above asking price as skyrocketing home values pushed consumers out of the single-family market, according to Redfin.
July 21 -
Meanwhile, the average new-home mortgage price climbed to a new all-time high, according to the Mortgage Bankers Association.
July 20 -
The cloud-based mortgage software company plans on trading on the New York Stock Exchange with a starting price of $24 to $26 per share.
July 19 -
The software provider’s offering hit the top of its price range estimate and started trading at $18 per share.
July 16 -
The new deal will remove manual bid taping and automate secondary loan sales directly on the Encompass platform.
July 15 -
In states where it is legalized, cannabis sales tax revenues led to greater home value appreciation through community reinvestment, according to an analysis by Clever Real Estate.
July 14 -
Competition amongst those shopping for homes fell for the second straight month as surging prices pushed consumers to the sidelines and inventory saw modest gains, according to Redfin.
July 13 -
Boosts in purchases and cash-out refinances drove the summer turnaround, according to Black Knight.
July 12 -
Local mortgage and real estate professionals give insight on the metro areas projected to experience the highest appreciation over the next year, according to Zillow.
July 12 -
The defendant faces seven criminal counts — ranging from stolen property to falsifying business records — for two Harlem brownstones he paid just $20 for in 2012, according to tax filings.
July 9 -
Renters will need to reserve an additional $369 per month to keep up with rising listing prices over the next year, according to Zillow.
July 8 -
The dynamic between housing market players diverged to an even greater degree amid intense demand and surging home prices, according to Fannie Mae.
July 7 -
A Virginia-based builder announced a line of manufactured housing that features clean energy technology, reduced waste and “plug-and-play” assembly.
July 6 -
Rebounding employment brought total forborne mortgages under 2 million, according to the Mortgage Bankers Association.
July 6 -
After lumber futures skyrocketed to an all-time high in mid-May, prices fell by more than half at the end of June.
July 2 -
While home prices hit another record high, the supply of for-sale properties improved, according to Realtor.com.
July 1 -
The financial services company will incentivize existing card members with statement credit for taking out or refinancing a home loan with either lender.
July 1 -
Lending startup Tomo Networks will eschew refinances to focus exclusively on purchases.
June 30 -
Though their rate of ownership lags behind preceding generations, millennial interest in purchasing property grew the most of any demographic last year, according to First American.
June 29 -
While purchasing power grew for the 16th straight month in April, surging property values and increased mortgage rate forecasts will keep driving down affordability, according to First American.
June 28
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