The Wall Street Journal, April 7, 2025-Veronica Dagher and Anne TergesenThe extra half a million dollars seemed to come so easily—on paper, at least.Click here for more (subscription)
Category: Top National News
Fed Could Make Emergency Rate Cut Next Week as Market Chaos Continues
MPA, April 7, 2025-Fergal McAlindenTraders are now expecting the Federal Reserve to reduce interest rates five times in 2025 – and odds of an emergency cut are also surging as …
AVM QC Rule Impacts CES, HELOC and HEI
Home Equity Lending News, April 5, 2025-John LevonickA new rule for automated valuation models is set to reshape how depository and non-bank lending institutions oversee AVM usage on closed-end second …
MBA Calls On VA, Congress To Assist Veteran Homeowners At Risk Of Foreclosure
National Mortgage News, April 4, 2025The U.S. Department of Veterans Affairs (VA) announced on Thursday that it will discontinue a mortgage-assistance program aimed at helping veterans avoid foreclosure. However, the …
Survey: Home Insurance Rates Rise for Most Policyholders in 2024
HousingWire, April 3, 2025-Jonathan DelozierTwo-thirds of U.S. homeowners saw their insurance rates increase in 2024, according to a recent survey by ValuePenguin.Click here for more (subscription)
Podcast: Why Millions of Student Borrowers Could See a Big Drop in Their Credit Scores
The Wall Street Journal, April 2, 2025More than 9 million student-loan borrowers could see a decline in their credit scores in the first half of the year, according to the …
FHA Issues QC Waiver for Some Wildfire-Related Defaults
National Mortgage News, April 2, 2025-Spencer LeeThe Federal Housing Administration issued a waiver on quality-control reviews for some newly distressed mortgages in Southern California, as homeowners continue to recover from …
OCC to Explore Alternative Credit Metrics
National Mortgage News, March 24, 2025-Ebrima Santos SannehActing Comptroller of the Currency Rodney Hood on Monday said his agency would explore potential ways banks can use financial technology, instead of …
Rocket to Buy Mr. Cooper Group in $9.4 Billion Mortgage-Industry Deal
The Wall Street Journal, March 31, 2025-Nicole Friedman and Dean SealMortgage giant Rocket is making good on its goal of becoming a one-stop shop for homeowners with its $9.4 billion …
Senior-Held Home Equity Falls in Q4 2024
HousingWire, March 31, 2025-Chris ClowFollowing a rise to an all-time high in the second quarter, senior-held home equity saw a modest decline in the third quarter and endured a more …