Builder trade groups in the United States and Mexico have announced the formation of an alliance.The agreement between the National Association of Home Builders in the United States and Mexico's Camara Nacional de la Industria de Desarrollo y Promocion de Vivienda is "the latest positive offshoot of the historic Partnership for Prosperity alliance established by U.S. President George W. Bush and Mexico President Vicente Fox in February of 2001, and it establishes a powerful precedent for international cooperation," said NAHB president Bobby Rayburn. The alliance aims to create more accessible trade channels and exchange technology and skills aimed at improving the quality, affordability, and efficiency of building on both sides of the border.
-
The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, marking a 4.5% month-over-month incline and 9.4% annual change.
June 26 -
ICE launched a fraud detection tool for underwriters, Newrez partnered with Matic and Rate announced a free home equity monitoring tool this month.
June 26 -
Nearly one-third of states now have official nonbank standards for liquidity, capital and corporate governance that firms over a certain threshold must meet.
June 26 -
KBW now rates UWM as outperform, and BTIG calls the stock a buy, but both cite high leverage levels and industry macro trends depressing its stock price.
June 26 -
If approved, the deal can provide relief for the approximately 662,000 individuals affected by an incident at the mortgage vendor last November.
June 26 -
Properties outside of the 100-year flood zone exposed to $375 billion to $1 trillion in losses, Moodys reports
June 26








