U.S. Foreclosure Starts Increased 18% In July
July 2024 saw 31,929 properties with foreclosure filings, with the greatest numbers of foreclosure starts in California, Florida, and Texas
Guild Mortgage Quadruples Net Income In Q2
San Diego mortgage company reports $285.7 million in net revenue for quarter two
loanDepot Dismisses Movement Mortgage Poaching Case
A lawsuit filed by loanDepot in 2023 accused Movement Mortgage of illegally luring away 25 employees over a three-month period in 2021.
Starter Home Prices Topple $1M In More U.S. Cities
Half of all states have at least one city with a typical starter home worth $1 million or more.
Home Insurance Costs, Coverage Worsening In 2024
Two-thirds of U.S. homes are underinsured as coverage amounts fail to keep pace with rising premiums, new report shows.
Navigating Super Jumbo Mortgages in California
With the exit of major banks and the tightening credit box, the super jumbo mortgage landscape in California is ripe for opportunities.
Home Insurers Enact Scorched-Earth Policy
Originators Left To Deal With The Fallout