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Mortgage bankers feared a proposal related to lenders' access to a major secondary market and related reporting was too harsh. They're eyeing a redraft closely.
September 26 -
Mortgage rates being at a two-year low has not moved potential buyers off the sidelines, Freddie Mac says, but Redfin says demand for home tours is up.
September 26 -
CV3 Financial Services, started by long-time business purpose lending executive William Tessar, just celebrated one year in business and topping the $1 billion mark.
September 26 -
The program lapsing would've precluded mortgage applicants from closing on home loans without the required coverage in federally designated flood zones.
September 25 -
The state, with the support of its Realtors, will be mandating that real estate salespeople have a contract with the home seekers they are representing.
September 25 -
Purchase activity trudged along during what lenders describe as a traditional end-of-summer slump.
September 25 -
James B. Nutter & Co., after its legal victory over the Justice Department in July, agreed to a $2.4 million False Claims Act settlement over poorly underwritten reverse mortgages.
September 24 -
While real estate agents have softened their opinions on the National Association of Realtors commission settlement, almost two-thirds remained opposed, a Clever RE survey found.
September 24 -
Awareness of disaster risk has increased in the public and private sectors, and it appears to be prompting more interest in home improvements in particular.
September 24 -
A letter from several U.S. senators asked Director Sandra Thompson to follow the lead of her counterparts at other government-housing departments with similar rules already in place.
September 24













