MPA, Nov. 4, 2024-Candyd MendozaMr. Cooper Group has finalized its $1.3 billion acquisition of Flagstar Bank’s mortgage operations, while Flagstar undergoes extensive restructuring and rebranding efforts.Click here for more
Category: Top National News
Top Renter Priorities: Pets, Privacy & Protection
Multi-Housing News, November 1, 2024—-Lew SichelmanWhat are residents willing to pay more for? These wide-ranging surveys offer answers, writes columnist Lew Sichelman.Click here for more
Why Fannie Mae’s Profit Dipped Despite Strong Acquisitions
National Mortgage News, Oct. 31, 2024-Bonnie SinnockThe drop in third-quarter interest rates drove single-family loan purchases at Fannie Mae up more than any other fiscal period in the year, but …
Purchase Mortgage Applicants Are Seeing More Reasons to Smile
HousingWire, Oct 31., 2024-Neil PiersonBy at least one measurement, affordability is improving for prospective homebuyers, even as home prices continue to rise and mortgage credit availability remains relatively low.Click here …
After Helene, Asheville Housing Experts Are Looking at Katrina for Answers: ‘Prices Go Up’
Asheville Citizen Times, Oct. 31, 2024-Will HofmannASHEVILLE – Early on in responding to the devastating floods caused by Tropical Storm Helene, Buncombe County Manager Avril Pinder described the crisis as …
Zillow Says Recent Homebuyers Are Getting Creative to Combat High Mortgage Rates
HousingWire, Nov. 1, 2024-Kennedy EdgertonWith mortgage rates moving closer to 7% once again, recent homebuyers are finding creative ways to lock in lower rates.Click here for more (subscription)
Report Calls for Lending Regulations on HEI Contracts
Home Equity Lending News, Nov. 1, 2024–Sam GarciaA report from an organization that advocates for low-income consumers claims that equity-sharing contracts should be considered as loans and be subject to …
The Wealthy Are Overpricing Their Homes. Auctions Show Just How Much.
The Wall Street Journal, Oct. 30, 2024-Katherin Clarke and E.B. SolomontRandy and Robin Landsman had been trying to sell their Manhattan penthouse for over a year when they turned to …
Who Paid More in Rent: Gen Z or Millennials?
The New York Times, Oct. 31, 2024-Matt YanEarlier this year, we reported that Generation Z has emerged as the generation driving the most rental demand, supplanting millennials, who are slowly …
A ‘Haunted’ House Can’t Spook Hungry Buyers
National Mortgage Professional, Oct. 31, 2024-Erica DrzewieckiSingle-family? Check. Affordable monthly mortgage payment? Of course. Inhabited by beings not of this world? You bet.Click here for more