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Home Sellers Report Average Profit Of $121,000 In 2023

The profit actually marks the first decline in both gross profits and profit margins since 2011.

Analysis and Data
U.S. Economy Defies Expectations With Robust 3.3% Growth In Q4 2023

Economic growth surpasses forecasts, consumer spending remains strong, and housing market outlook brightens.

Analysis and Data
Home Prices Surge By 5.1% In Four Weeks

Severe winter weather impacted real estate activity, leading to an 8% decline in pending home sales.

Analysis and Data
Jan 25, 2024
The Interest
Homebuyer Affordability Improves In December

The MBA's measures of affordability show slight improvement to close out 2023.

Analysis and Data
California Mortgage Lender Faces Cease And Desist Order In Connecticut Over Unlicensed Originators

Connecticut banking commissioner alleges violations of Truth in Lending and Fair Credit Reporting Act.

Regulation and Compliance
MountainOne welcomes new CRA-focused residential lending specialist

Jay Bianchi brings over 15 years experience to bank in the Berkshires.

People On The Move
ICE Report: December 2023 Delinquency Rate Hits 3.57%

Unusual Sunday month-end contributes to delinquency increase; serious delinquencies dip, foreclosures reach 18-month low, and prepayments rise in housing market.

Analysis and Data
Mortgage Applications Rise By 3.7%

Homebuyers drive uptick as refinancing activity remains low.

Analysis and Data
Mortgage Executive Headed To Fintech Firm

Mr. Cooper Group's outgoing president and vice chairman Chris Marshall is heading to fintech firm.

Analysis and Data