Industry News
Industry News
-
The import taxes — initially set at 25% for cabinets, vanities and upholstered wooden furniture — officially took effect on Tuesday at 12:01 a.m. New York time.
October 14 -
Lebda led the company through its initial public offering in 2000, and its sale about three years later to IAC Inc. In 2008, Lebda joined the newly rebranded LendingTree as it spun out as a separate company.
October 13 -
While technology has become an important channel for information among homebuyers, many still see real estate agents as smarter than any other resource.
October 10 -
Along with the company's rebranding to Lendware, a new CEO also takes the helm following allegations of financial mismanagement among some former leaders.
October 9 -
Equifax will hold costs for scores from FICO rival Vantagescore through 2027 and offer other incentives meant to drive adoption of the alternative metric.
October 8 -
More than 15% of homes that went under contract in August were canceled, as the market heavily favored buyers, a Redfin report found.
October 7 -
The minority homebuilder share of the industry more than doubled after 2007 but lags when compared to the total non-white U.S. population, according to NAHB.
October 7 -
Fifth Third announced it plans to buy the Dallas bank in a $10.9 billion transaction.
October 6 -
The loan boarding dataset aims to identify potential problems early during the transaction's setup to avoid slowdowns after origination is completed.
October 3 -
The city-owned venue will promote the broker search website by team owner Mat Ishbia's mortgage company for 10 years in a $115-million deal.
October 2 -
While new jobs data contributed to falling Treasury yields, mortgage rates showed a mixed picture with some trackers moving in opposite directions.
October 2 -
The credit scoring agency's rollout comes after years of criticism from home lenders over its prices, with delivery costs rising over 40% in the past year.
October 2 -
The Mortgage Bankers Association's chief operating officer has decided to retire after 11 years at the job. Three association leaders were promoted as a result.
October 2 -
Former Mr. Cooper CEO Jay Bray will become Rocket Mortgage's president and CEO as the $14.2 billion transaction closes in just six months after announcement.
October 1 -
Nearly 20% of homeowners had a mortgage rate of at least 6% in the second quarter of this year, signaling Americans are warming up to higher rates, Redfin said.
September 29 -
Nordholm took over as CEO in 2018 and the secondary market buyer of agricultural loans has named another executive who will serve as his successor.
September 26 -
OCMBC launched its new wholesale lender, GIANT Lending, amid a poaching controversy with the naming rights to its old DBA, Jet Advantage.
September 26 -
Washington, D.C. and Denver lead the country with the largest share of mortgaged households, and will likely soon see a shift in buyer demand, Realtor.com said.
September 25 -
Mortgage applications increased 0.6% last week after jumping 29.7% the week prior, according to the Mortgage Bankers Association.
September 24 -
The lender is seeking to dismiss the lawsuit, calling the purported scheme to also deprive its loan officers of full compensation implausible.
September 24



















