The number of U.S. homebuyers dropped 1.7% to the lowest level on record, aside from the start of the pandemic, amid high housing costs and economic uncertainty, while the number of sellers dropped 0.5% as sellers retreated in response to low buyer demand
Office of Management and Budget official has been nominated by the Trump administration as director of the Consumer Financial Protection Bureau for a five-year term
The GSE’s new Quality Control Advisor Plus platform streamlines the quality control review process, saving lenders time and reducing risk
Home sales and new listings were little changed month-over-month, as Americans continue to grapple with high costs and economic uncertainty
New research from Zillow shows that 53% of all U.S. homes have lost value since last year — the highest share since 2012, the tail end of home value declines after the Great Recession
Proposal outlines a market-driven approach to enhance shareholder value, preserve mortgage affordability, and facilitate a controlled exit from conservatorship
PHH has agreed to sell reverse mortgage servicing rights, comprised of approximately 40,000 Ginnie Mae HECM loans, with an unpaid principal balance of $9.6 billion, as PHH becomes the subservicer for the reverse MSRs under a three-year agreement