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Sens. Elizabeth Warren and John Hickenlooper say recent data suggests there is "no need for restrictive interest rates" and easier monetary policy is necessary to lower housing costs.
November 4 -
The joint venture with Smith Douglas Homes will expand Loandepot's market presence in states including Georgia, Alabama and Texas.
November 4 -
Treasury yields fell sharply and the dollar weakened as investors pared bets on Republican Donald Trump prevailing in Tuesday's U.S. election.
November 4 -
Flueid, which provides verification of title services, has raised $8.3 million of new capital, with lead investor LiveOak Ventures along with Gilbert's Detroit Venture Partners.
November 4 -
The median age of a first-time buyer reached a record of 38 — about a decade older than in the 1980s.
November 4 -
Mortgage professionals are focusing on housing policies and the Federal Reserve this November.
November 4 -
Esusu, Foyer, Divvy Homes and Tomo Mortgage are among the fintechs trying to give first-time homebuyers a break, alongside community development financial institutions like Southern Bancorp.
November 3 -
The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.
November 1 -
Remax, the real estate brokerage and mortgage broker franchisor of Motto Mortgage, rebounded from a year ago loss in a tough news cycle for both its businesses.
November 1 -
Economists cautioned that October's employment report may not provide a fully accurate representation of the economy due to recent hurricanes.
November 1 -
HomeStreet and FirstSun are working to devise a new formula after the Texas Department of Banking and the Federal Reserve declined to approve their merger application.
November 1 -
The Federal Reserve began cutting rates in September. The December meeting is its last of 2024. Will the cutting continue, or will there be a pause? Doug Peta, Chief Strategist, U.S. Investment Strategy, at BCA Research, discusses the meeting and future policy.
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Former Treasury Secretary Steven Mnuchin and his investment firm Liberty Strategic Capital are seeking to more than double his indirect ownership stake of Flagstar Financial — formerly New York Community Bank — to 22.9%, according to filings obtained by American Banker.
November 1 -
The five most expensive ZIP codes in the U.S. have an average median home price of more than $6 million.
November 1 -
Consumers are meanwhile filing objections to the near $1 billion in settlements from the nation's largest brokerages ahead of a November court approval.
October 31 -
For the eighth consecutive quarter, ICE Mortgage Technology lost money on a GAAP basis. Using a pro forma calculation involving Black Knight, operating income increased from a year ago.
October 31 -
Nerdwallet purchased Next Door Lending for $1 million, SEC filings show.
October 31 -
The Federal Housing Administration wants to allow part-time underwriters to guarantee loans in its FHA Title II forward and HECM programs.
October 31 -
Mortgage rates rose for the fifth consecutive week, to their highest level since August, although they remain more than a full percentage point lower than one year ago.
October 31 -
The government-sponsored enterprise's single-family loan purchases hit a high for the year, but benefits in other areas were lower than in comparable periods.
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