Industry News

Absolute Home Mortgage Corporation’s acquisition of Fidelity Direct Mortgage’s assets unites the lenders to expand products, boost efficiency, and strengthen long-term growth and support for borrowers and partners

Rising student loan delinquencies — now back to pre-pandemic levels with six million borrowers past due — are dragging down credit scores and making it harder for many people to qualify for mortgages, tightening affordability and access to homeownership

Matt Rogina is named senior vice president, sales manager, where he will lead and expand ServiceLink’s default sales team and solutions portfolio

Starter-home sales rose 4.9% year-over-year in October, increasing for the 14th consecutive month, with San Francisco recording the biggest jump in starter-home sales

Driven primarily by a spike in labor costs, Verisk examines home repair and remodeling expenses, expenditures that have risen nearly 67% since 2015 and show no signs of reversing

A more even housing market is projected to emerge as steadier prices, easing rates, and rising incomes improve affordability and will provide buyers with more negotiating power

Industry vet to take charge of specialized leadership development curriculum designed for emerging executives

The bipartisan Housing Affordability Act would let the FHA use a construction-cost index instead of CPI to set loan limits

The Mortgage Economic Review is a summary of key economic indicators, data, and events pertinent to mortgage, housing, and finance professionals