Christine Stuart is the news director at NMP.
Amid rising interest rates, home prices have continued to surge, with the nation's major markets setting new peaks, and mortgage origination being dominated by purchase loans.
Allegations of fraudulent reporting in the "Down Payment Grant Program" meet their end as the US District Court dismisses the case, with the government choosing not to intervene.
EVP Mike Fawaz underscores the move's competitive edge, marking the firm's second consecutive year ahead of FHFA's anticipated adjustments.
The move ensures continued flood insurance coverage, essential for many homeowners in high-risk flood areas, during peak hurricane season.
EPM aims to transform 4,000 retail loan officers into loan originators, emphasizing the growing benefits of the wholesale sector in the housing market.
The new platform, HomeView en Español, aims to bridge language barriers hindering Hispanic-Americans from purchasing homes..
CoreLogic report shows a stable mortgage landscape, with overall delinquency and foreclosure rates nearing historic lows.
Core PCE Index's annual rise at 3.9% is the least in two years.
As 30-year fixed-rate mortgages hit 7.31%, experts indicate low housing inventory and changing consumer behavior; renting emerges as a favorable choice for many.
All four national regions report a slump in monthly and annual transactions, emphasizing the need for better rates and increased housing inventory.