Economy

Despite the increase, the index level remains historically low, going back more than two decades as many prospective buyers still await a decline in mortgage rates.

August's Corelogic S&P Case-Shiller Home Price Index was down 0.13% versus July, affected by tougher housing markets in the South and West.

Homebuilder stocks are tumbling Tuesday, down as much as 7.8%, after D.R. Horton delivered a 2025 revenue forecast that failed to meet Wall Street's expectations.

While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business this fall.

This is the first RTL transaction for Roc360 Real Estate Income Trust, the deal's sponsor, in three years. Also, it is Roc360's first rated RTL transaction.

The post-pandemic normalization of the housing market, economic factors and natural disasters, are contributing to the rise in late payments, ICE Mortgage Technology said.

The economy and the environment are impacting loan entries into forbearance, as well as their performance on exit, the Mortgage Bankers Association said.

The Federal Housing Finance Agency issued a proposed rule for the Federal Home Loan Bank System that allows the FHFA director to set "reasonable" board compensation.

The nation's highest court has no deadline to address the petition and can reject it without an explanation.

The Consumer Financial Protection Bureau's nonbank registry to address repeat corporate offenders goes live this week, but some experts have raised concerns about redundancy and costs for nonbanks.