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Coming Up:
Jordan Gerard - Bayou Broker Success Story
"Build-A-Broker™: The Journey" is a National Mortgage Professional production in collaboration with Originator Connect Network and sponsored by Rocket Pro TPO. To learn more about Build-A-Broker™ events and workshops near you, visit buildabroker.com.
House Prices Fell From May To June
Despite year over year increases in all nine Census divisions, price appreciation is slowing overall
Delinquencies Jumped And New Credit Growth Stalled In July
Consumer credit utilization decreased to 51.6% down from the prior month, hitting a new four-year low.
Cornerstone Capital Bank Welcomes New Chief Financial Officer
Paul Woo joins the Houston company
Loan Amounts Rise, Loan Counts Fall In Second Quarter
Maxwell reported the share of HELOCs rose 31% quarterly and 61% year over year to comprise 3.88% of the second-quarter market.
Pending Sales Of Starter Homes Up 10% Annually
Redfin analysts theorize that pending sales for starter homes have strengthened due to easing mortgage rates
Rocket Program Aims To Get First-Time Buyers Off The Sidelines
The Detroit-based lender today introduced "Welcome Home RateBreak," a lender-paid 2-1 temporary buydown program.
New-Home Sales See July Uptick On Revised Data
New-home sales from January through July rose 2.6% compared to the first seven months of 2023