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The increase in total home sales will be slower than prior projections and that should lead to less growth in purchase originations, Fannie Mae's June forecast said.
June 21 -
Sales of existing homes in the U.S. fell for a third straight month in May while prices set another record, underscoring persistent affordability challenges that hobbled the important spring selling season.
June 21 -
The Senate Banking Committee will consider the nomination of Christy Goldsmith Romero — the administration's pick to take over the Federal Deposit Insurance Corp. — on July 11.
June 21 -
The appeals court battle is unrelated to the association's settlement regarding buyers' brokers commissions, scheduled for final approval in November.
June 20 -
Federal Reserve Bank of Richmond President Thomas Barkin said he needs further clarity on the path of inflation before lowering interest rates
June 20 -
The Federal Housing Finance Agency wants feedback on how the Federal Home Loan banks can improve their affordable housing programs, including efficiencies in the application process.
June 20 -
The overall critical defect rate trickled down to 1.53% in the fourth quarter of last year, according to Aces Quality Management.
June 20 -
New home construction in the US slumped in May to the slowest pace in four years, as higher-for-longer interest rates sap the housing industry's momentum from earlier this year.
June 20 -
Average loan-to-value ratios fell in NPL sold at both influential government-related mortgage investors, according to a Federal Housing Finance Agency report.
June 20 -
Title insurers did nearly $3.4 billion in premiums during the first quarter, similar to 2023, even though mortgage dollar origination volume was up over 13%.
June 20