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David Krechevsky

Editor

David Krechevsky was an editor at NMP.

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Pending Home Sales Fell In March To 4-Month Low

NAR's Pending Home Sales Index fell 5.2% to 78.9 in March, the lowest level since November 2022.

Apr 27, 2023
Home-Sellers' Profits Fell in Q1 2023: ATTOM

Profit on single-family home or condo fell to 44.2% as home prices stayed flat or fell.

Apr 27, 2023
Median Mortgage Application Payment Rose In March

MBA’s Purchase Applications Payment Index hits record high.

Apr 27, 2023
Mr. Cooper To Acquire Rushmore Residential Loan Servicing Platform

Deal follows February announcement of acquisition of Rushmore parent, Roosevelt Management Co.

Apr 26, 2023
FHFA Director Says It Ain't So

Thompson denies pricing changes at Fannie, Freddie make wealthier borrowers subsidize poorer ones.

Feds: AI No Excuse For Breaking The Law

CFPB, DOJ, EEOC, and FTC issue joint statement saying automated systems have potential to harm consumers.

Guild Doesn't Fold, It Doubles Down

California-based independent mortgage lender continues to grow through acquisitions

NMP
Apr 26, 2023
Guild Doubles Down
Zillow: More Home Buyers Opting To Pay Points

HMDA analysis finds 45% of buyers chose to purchase points, up from 29% in 2021.

Apr 26, 2023
The Loan Store Lets Home Buyers Leverage Equity For Down Payment

Partnership with HomeLight allows home buyers to buy before they sell.

Tavant Set To Add Asset Analysis To AI Lending Platform

Will help speed underwriting process and reduce costs, company said.

Apr 26, 2023