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Homebuilding industry CEOs said tariff impacts would likely be felt in the back half of the year, but affordability concerns are applying pressure now.
April 23 -
A federal judge has ordered a staff member of the Department of Government Efficiency and the Consumer Financial Protection Bureau's top lawyer to appear at an evidentiary hearing next week.
April 23 -
A large share of each generation, baby boomers, Gen X, Millennials and Gen Z, said another age group is the reason why homeownership is unaffordable, Clever found.
April 22 -
The partnership between the customer contact software provider and the operator of the Empower loan origination system was announced nearly one year ago.
April 22 -
From changing the boards of Fannie Mae and Freddie Mac to nixing DEI programs, the Federal Housing Finance Agency's Pulte era has been busy.
April 22 -
The top five banks had a combined second-lien loan volume of more than $95 billion at the end of December 2024.
April 22 -
The homebuilder agreed to acquire Alliant National in a transaction announced last October, with this deal closing after the Cherry Creek mortgage purchase.
April 21 -
Bad actors use generative AI to create automated threats that are more sophisticated than earlier generations of malicious bots, and they are going after banks' APIs.
April 21 -
Nearly a quarter of home sellers in March slashed their listing prices, the highest rate of price cutting since 2018 according to a Zillow report.
April 17 -
The 30-year fixed rate mortgage average rose 21 basis points this week, lagging other indicators, which are all now lower than seven days ago.
April 17 -
The highly volatile interest rate environment will actually result in higher refinance mortgage volume than previous forecast for 2025 and 2026.
April 16 -
US homebuilder confidence barely rose this month on a pickup in current sales, though demand expectations stumbled to a more than one-year low and prices of construction materials are climbing on the heels of higher tariffs.
April 16 -
Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space.
April 15 -
Acting Consumer Financial Protection Bureau Director Russell Vought also directed that future guidance not use the words "shall," "must," "required" or "requirement" to direct parties outside the federal government, except when restating clear legal mandates.
April 14 -
A bill being introduced by Sen. Catherine Cortez Masto, D-Nev., would compel the Federal Home Loan Bank System to contribute 30%, or a minimum of $200 million, of each bank's net earnings into affordable housing or other community development programs.
April 11 -
Versions of the bill were introduced in the House and Senate, raising odds that a national trigger lead ban could be near.
April 10 -
A recent letter addressed to the FHFA fueled a consumer advocacy group to look at salaries, which have been criticized as not aligned to the system's purpose.
April 10 -
Freddie Mac reported a 2 basis point drop in mortgage rates, but other timelier measurements had the 30-year fixed close to or above the 7% mark.
April 10 -
Approximately 9% of current homeowners experience a labor market event that results in a negative credit shock, limiting access to their equity, Point said.
April 10 -
The top five subservicers that are depositories had a combined unpaid principal balance of more than $1.8 trillion at the end of Q4 2023.
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