With inflation gradually easing and builders anticipating mortgage rates will moderate, builder sentiment moved higher for a second consecutive month, according to the National Association of Home Builders/Wells Fargo Housing Market Index.

In today’s environment, it’s important to have a transparent, objective and credible valuation process to establish a value for a property that all parties can agree on--but also a way to challenge and test those value assessments when warranted.

FundingShield, Newport Beach, Calif., found that during the third quarter, 46.43% of transactions on an $82 billion portfolio of residential, commercial and business purpose loans had issues leading to a risk of wire and title fraud.

The Federal Reserve’s recent decision to reduce rates by 50 basis points, with further cuts expected through 2025, offers a key turning point for the mortgage industry.

The Mortgage Bankers Association Builder Application Survey (BAS) data for September 2024 shows mortgage applications for new home purchases increased 10.8% compared to a year ago.

As we head into the winter months in much of the United States, ValuePenguin, a division of LendingTree, Charlotte, N.C., put out a report on winter weather damage. So far, winter weather has caused an estimated $61.8 million in property damage in 2024.