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Some Fannie Mae and Freddie Mac packages are attracting offers in the mid-5 times range, MIAC Analytics said.

The firm's merger with a special purpose acquisition corporation is expected to be completed this quarter, according to financial filings.

The National Association of Home Builders asked the White House to take action to address the supply-chain disruptions that are pushing up the costs of materials and labor, in a letter sent Wednesday.

The two companies, which have not received government approval to complete their now year-old pending deal, postponed the deadline to Oct. 31 and have decided to make the combined entity a national bank.

The National Association of Realtors’ index of pending home sales decreased 1.2% from a month earlier to 103.7, the lowest since May 2020, according to data released Wednesday.

Surging interest rates have pushed refinance applications down by over 70% in a year, while ARMs have doubled their share in three months.

Sen. Pat Toomey, R-Pa., has made reforming the Federal Reserve Banks a priority for his final months in office. With Elizabeth Warren and others expressing overlapping concerns, changes may be within reach.

The lender is the latest to announce cuts in response to declining production volume.

While housing costs continued to set records, several signs of moderation have begun to appear in the last several weeks, according to Redfin.

As the National Flood Insurance Program goes into effect this month, more than 80 percent of existing policyholders are set to see rates climb and those gains will be spread largely evenly among rich and poor areas, according to a new report.

Founder and largest shareholder Anthony Hsieh will now direct strategy as executive chairman.

But the consumer credit reporting agency’s adjusted results slightly exceeded consensus estimates from analysts.

New Residential, the REIT, boosts credit confidence in the deal as a sponsor and originator experienced with re-performing and seasoned cleanup calls.

The steep ascent in borrowing costs, combined with high home prices across markets, is sidelining more prospective buyers.

If each employee who received this deal accepts it, the company’s headcount will be reduced by about 2,080.

But the amount relative to housing costs actually decreased from the previous year.

Mortgage companies, particularly small ones, might have trouble meeting a higher bar set to cover one of the risks that emerged during the pandemic, commenters said during a public listening session.

Recent affordability and interest rate trends led to “clear evidence” of discouragement among potential consumers in the purchase market in the first three months of 2022, according to the National Association of Home Builders.

CA Risk Profiler Plus compares the properties selected to support the valuation with others in the same neighborhood using the company's databases.

One Cupertino broker noted a small shift in the market, with buyers being more particular and willing to back out of deals.