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Sarah Wolak

Staff Writer

Sarah Wolak is a staff writer at NMP.

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October 2022 U.S. Foreclosure Activity Increases 57% YOY

Completed foreclosures increased by 18% while foreclosure starts stayed flat.

Nov 09, 2022
Nearly A Third Of Homes For Sale In 3Q Were New Construction

Twenty-nine percent of U.S. single-family homes for sale in the third quarter were new construction — a record high.

Nov 08, 2022
Mortgage Holders Lost $1.3T In Equity In Q3

Black Knight's September 2022 Mortgage Monitor Report also found 3.6% of borrowers are either underwater or have less than 10% equity.

Nov 07, 2022
What Buyers Are Getting Wrong, According To Zillow

A recent Zillow survey says that first-time home buyers should line up financing first before home shopping.

Nov 07, 2022
MCT: Rate Lock Volume Continues To Plummet

Year-over-year total lock volume fell 60.4% in October.

Nov 03, 2022
Opendoor Lays Off 18% Of Staff

The decision was announced by CEO and Co-founder Eric Wu in a blog post.

Nov 02, 2022
Homeowner Equity Keeps Growing Across U.S. In 3Q

Nearly 50% of mortgaged residential properties in the nation are equity-rich.

Wells Fargo Says SEC Is Examining Hiring Practices

The bank confirmed on Monday that they are being investigated by the U.S. Securities and Exchange Commission.

Nov 01, 2022
Geneva Financial To Expand To Alaska

The lender announced the opening of a new branch in Anchorage.

Nov 01, 2022
Rocket Launches Rocket Rewards

Nation's largest lender is showcasing a loyalty program that offers homebuyers savings on closing costs.

Nov 01, 2022