Pending home sales increased by 1.9% in October from the prior month, according to the National Association of Realtors’ Pending Home Sales Report.
Category: News and Trends
Dealmaker: JLL Secures $53M for Pompano Beach Apartment Community
JLL Capital Markets, Chicago, secured $53.3 million in acquisition financing for Advenir at Lighthouse Point, a 249-unit apartment community in Pompano Beach, Fla.
Cotality: Mortgage Fraud Risk Rises
Mortgage fraud risk increased 8.2% year-over-year, with an estimated 1 in 118 applications showing indications of fraud, according to Cotality, Irvine, Calif.
CONVERGENCE: Uniting for Housing Affordability
Using a unified approach, CONVERGENCE promotes more sustainable, affordable homes for purchase and rental, with a focus on underserved people and communities.
Trepp: CMBS Delinquency Rate Rises in October
Trepp, New York, reported its CMBS delinquency rate rose 23 basis points in October to 7.46%.
MBA Releases Statement on FHFA’s 2026 Multifamily Loan Purchase Caps
MBA President and CEO Bob Broeksmit, CMB, commented on the Federal Housing Finance Agency’s announcement of the 2026 multifamily lending purchase caps for the GSEs.
Report Finds Fraud, Forgery Pose Real Risks With Refinances
A report commissioned by the American Land Title Association, Washington, D.C., and conducted by Milliman Inc., Brookfield, Wis., found fraud and forgery claims tied to refinance transactions pose a significant concern.
Redfin: Rural America Hard Hit by Housing Affordability Woes
Redfin, Seattle, released a new report finding that rural homebuyers have been particularly affected by housing affordability issues.
Chart of the Week: ARM Share of Home Purchase Applications
According to data from MBA’s Builder Applications Survey, 24.6% of applications to purchase a newly built home were adjustable rate mortgage loan applications in October.
Seven Things You Can Do Now to Be Ready for the Refinance Cycle
LoanCare’s Brent Potter urges you to prepare for the next sustained refinance cycle.