Christine Stuart

First American Data & Analytics cites rising mortgage rates and restricted supply as driving forces; First-time homebuyers face the brunt of the surge.

Fannie Mae's ESR Group anticipates minor economic contraction amid waning inflation and rising mortgage rates; housing market to stay subdued through 2024.

First American Chief Economist Mark Fleming underscores the market's sensitivity to rate fluctuations, drawing parallels with the Global Financial Crisis and emphasizing the need for rate stability for a recovery.

Rich Gagliano takes the helm at Dark Matter Technologies, poised to lead the future of Empower LOS with a 1,300-strong team, blending startup agility with decades of industry experience.

Redfin report reveals record-breaking cancellations as homebuyers grapple with high interest rates and mounting housing costs.

Achieve's survey reveals nearly half of borrowers apprehensive about future debt as economic challenges mount and new mortgage guidelines come into play.

Judge allows major loan originator to maintain its offerings until December, challenging CDFI Fund's move based on alleged miscalculations.

Homebuyers advised to shop around.

New home sales fueled by first-time buyers and low existing inventory, despite higher mortgage rates; MBA's survey indicates 702,000 units sold at peak pace in three months.

Anthony Garvin's fraudulent HELOC operation causes significant losses; accomplices await sentencing.