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Christine Stuart

News Director

Christine Stuart is the news director at NMP.

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607 results
Townstone Financial Responds to CFPB's Redlining Suit Appeal

Industry attorneys forecast uphill battle for bureau which lost at district court level.

Aug 24, 2023
Freddie Mac: 30-Year Fixed Mortgage Rates Skyrocket to 7.23%

As the housing market grapples with high rates and scarce supply, Sam Khater, Freddie Mac's chief economist, warns of a potentially prolonged uphill journey.

Aug 24, 2023
New American Funding Welcomes New Chief Marketing Officer

Addition of Andrew Strickman enhances leadership team to navigate expansion and brand evolution in the mortgage landscape.

Aug 24, 2023
Homeownership Affordability Sees Slight Reprieve In July Amid Broader Challenges

While short-term stability persists, Atlanta Fed's index shows a downward trend, raising concerns as housing affordability dips below 2006 levels.

Aug 24, 2023
Nomura Securities Enters Agreement Over RMBS Fraud

U.S.-based subsidiary of Nomura Holdings agrees to $35 million settlement and restitution with DOJ following investigation into fraudulent trading.

Aug 23, 2023
New Single-Family Home Sales Surge In July

New single-family home sales defy housing market trends in July 2023.

Aug 23, 2023
Housing Sales Stagnation Expected Through 2024, Recession or Not

Fannie Mae's ESR Group foresees challenges in the housing market regardless of the economy's trajectory, with mortgage rates and inflation playing pivotal roles.

Aug 23, 2023
Mortgage Applications Slide 4.2%, Reaching Historic Lows

Elevated interest rates and housing market challenges deter potential buyers; ARM applications see a rise as homebuyers weigh options.

Aug 23, 2023
Better.com Debuts On Public Market, Securing $565 Million Amid Challenges

CEO Vishal Garg discusses potential for growth and overcoming obstacles; company leans into tech innovation amidst market headwinds.

Aug 23, 2023
Longer-Term Delinquencies and Foreclosure Activities Show Encouraging Decline

Despite a minor increase in short-term delinquencies, the broader mortgage health reflects stability as foreclosure initiations and serious delinquencies drop.

Aug 22, 2023