PCV Murcor, a nationwide real estate valuations management company, is pleased to announce its addition as an approved service provider for data collection field services to support Fannie Mae’s value acceptance + property data.

Earnings at most of the eight U.S. global systemically important banks improved from the same quarter last year, largely because of higher net interest income, reported S&P Global Ratings, New York.

The Consumer Financial Protection Bureau recently published its Summer 2023 Supervisory Highlights and maybe most importantly for mortgage lenders, there are potential significant changes to how the LO Comp rule is interpreted. Join MBA and industry experts as we walk through the current understanding of the LO Comp guidance and what it means for your policies and procedures.

Last week, I was joined by mortgage professionals for yet another compliance roundtable to discuss the most pressing issues facing the industry today.

New single-family home sales for July hit a seasonally adjusted annual rate of 714,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said in a release.

Median single-family home and condo prices increased from the first quarter to the second in 61 percent of Opportunity Zones around the country, according to ATTOM, Irvine, Calif.