Home Equity Lending News, May 6, 2024–Steve RappoportIndustry leaders last week endorsed home-equity investments, which have been performing well, as the next big thing for cash-strapped homeowners. But the growing …
Category: Top National News
Mortgage Insurers’ Business Mostly Flat or Down in 1Q
National Mortgage News, May 6, 2024–Brad FinkelsteinPrivate mortgage insurers had a weaker first quarter compared to one year ago, as new insurance written fell by 9%, but it was flat …
Trade Groups Express Concerns on VA Timeline for Defaulted Loan Purchase Program
HousingWire, May 6, 2024-Chris ClowRepresentatives of the Mortgage Bankers Association (MBA) and the Housing Policy Council (HPC) are urging leaders at the U.S. Department of Veterans Affairs (VA) to delay …
Gov. DeSantis Signs Bills to Encourage Hurricane Prep
WINK, April 24, 2024-Nicholas KarsenFlorida Gov. Ron DeSantis signed two bills to strengthen Florida against natural events and hurricanes while in Redington Shores.Click here for more (subscription)
The Insurance Crisis is Affecting the Housing Market
Sacramento (Calif.) Appraisal Blog, April 24, 2024–Ryan LundquistInsurance has been a glaring mess in California, and it’s really starting to affect the housing market. Today, I want to share some …
Mortgage Fraud Attempts Surge by More Than One-Third
National Mortgage News, April 25, 2024-Spencer LeeThe number of fraud attempts on mortgage companies leaped by more than one-third between 2022 and 2023, with old methods becoming new again when …
April CPI Preview: Impact Of Rising Shelter Costs On Interest Rates
Forbes, April 24, 2024–Simon MooreProgress on disinflation has largely stalled so far in early 2024 data, that’s after steady improvements since mid 2022. That’s a problem for the Federal Open …
FHFA Releases Q4 2023 National Mortgage Database
National Mortgage Professional, April 29, 2024-Katie JensenThe Federal Housing Finance Agency (FHFA) released its National Mortgage Database (NMDB) as is required by the Housing and Economic Recovery Act of 2008 …
Retail Losses Lead February Decline in Reverse Mortgage Volume
HousingWire, April 16, 2024-Chris ClowReverse mortgage volume dropped in February compared to the month prior, and new data compiled by Reverse Market Insight (RMI) shows that the primary culprit for …
Survey: Half of Americans Struggling With Housing Payments
Fox59, April 17, 2024-Zach Myers If you’re feeling stressed about your budget and monthly housing payments, you’re not alone, according to a new survey.Click here for more