MISMO Introduces Loan Limit API Specification

MISMO®, the real estate finance industry standards organization, released the FIPS Code Lending Limit API Specification, which illustrates how to define an API for searching lending limits based on a property’s postal code and county name.

Existing Home Sales Drop 11th Straight Month

Existing home sales fell for the 11th straight month in December, the National Association of Realtors reported Friday—but the news wasn’t all that bad.