Mortgages

A run-up in mortgage rates and a constrained resale market has enabled builders to capitalize on the fractured U.S. housing landscape.

Nearly 56,000 home-purchase agreements were voided in June with the underlying cause likely affordability, a Redfin report claims.

Lower inflation and a slowing jobs market is the driver of the new forecast, but housing will not see any immediate benefits.

Institutional investors have an opportunity to "do well while doing good" while advancing a flagship public/private partnership model writes the Chief Growth Officer of Rocktop.

Contract closings decreased 5.4% from May to a 3.89 million annualized rate, data released Tuesday from the National Association of Realtors show.

The state with the highest mortgage delinquency change between Q4 2023 and Q1 2024 saw a change of 23.87%.

Issues or errors in closing-protection letters appeared in over 45% of loans, a record-high share, according to Fundingshield.

Iannitti co-founded the document company in 1987 and later took a leading role in promoting eMortgage process adoption.

Test your knowledge of the biggest mortgage headlines, from international buying trends to NTRAPs. No. 2 pencil not required!

The new law, which went into effect on July 19, also has provisions that deal with heirs property, an issue that clouds ownership.

The former president's running mate pick has garnered national attention, partially for his controversial suggestion to deport 20 million people as a solution to the lack of housing inventory.

Both Vanguard Group Inc. and Fidelity International have said a Republican sweep in November would pose the greatest risk to bonds by expanding Trump's ability to implement his agenda, some of which is also expected to contribute to higher inflation.

The Department of Housing and Urban Development and the Nationwide Multistate Licensing System also reportedly had disruptions.

The election reflects a battle between two administrations that have had different philosophies on risk sharing the GSEs do with private investors.

The monthly pace of growth in applications for new single-family constructions fell for the first time in 2024, according to the Mortgage Bankers Association.

Hugh Frater was one of four appointed to the Bipartisan Policy Center board, along with former Philadelphia Mayor Michael Nutter, a co-chair of its Housing Council.

With the landmark Supreme Court decision overturning Chevron USA v. National Resources Defense Council, much of the rule making by the Federal Reserve Board, the SEC, HUD and other agencies is now open to attack, writes the Chairman of Whalen Global Advisors.

A planned update to the core Reg X servicing rule is needed but the industry wants more time to eye it with several new proposals pending in an election year.

Year-over-year consumer dollars for home remodeling projects should drop 0.5% by 2Q25, after a 3% decline for the trailing 12 months, said the Joint Center for Housing Studies of Harvard University.