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Christine Stuart

News Director

Christine Stuart is the news director at NMP.

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Pending Home Sales Edge Up Despite Historic Mortgage Rate Hikes

National Association of Realtors points to potential recovery led by Midwest and South, while emphasizing homebuilders' role in replenishing housing inventory.

Oct 26, 2023
Fannie Mae, Freddie Mac Shareholders Win Prejudgment Interest On $299M Verdict

Federal court upholds shareholders' right to interest after government's wrongful claim on profits; simple interest rate set, drawing from Delaware law precedent.

September Sees Slight Boost In Homebuyer Affordability Nationwide

Recent data unveils a dip in median mortgage payments, but annual figures showcase a significant rise.

Oct 26, 2023
September Sees Soaring Single-Family Home Sales

U.S. Census Bureau and Housing Department report a 33.9% year-over-year surge; median prices rise to $418,800.

Oct 25, 2023
Mr. Cooper Group Announces Q3 Net Income Of $275 Million, Edges Closer To $1 Trillion Target

CEO Jay Bray touts balanced business model as the driving force behind consistent growth; company initiates search for successor following vice chairman's retirement announcement.

Oct 25, 2023
Mortgage Applications Hit Lowest Level Since 1995

30-year fixed mortgage rate reaches 7.9% – its highest since 2000 – stalling potential homebuyers and suppressing refinance activities.

Oct 25, 2023
Homestar Financial Shuts Down Amidst Mortgage Volatility

Rising mortgage rates, lock volume decrease, and market compression force the closure of prominent Georgia-based lender, ending its two-decade run.

Oct 24, 2023
John Pyne Joins Atlantic Bay Mortgage Group

Veteran mortgage expert with $1 billion career loan volume set to amplify company's presence in DC metropolitan area.

Oct 24, 2023
Finance of America Unveils Expanded HomeSafe Second Mortgage For Seniors

Reverse mortgage offering allows homeowners 55+ to tap into home equity without added monthly costs or altering primary rates.

Oct 23, 2023
Home Listings Skyrocket! But There's a Catch ...

Homebuyers are flocking as listings see the biggest rise in months. But why are some still backing out at the last minute?

Oct 23, 2023