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Coming Up:
U.S. Housing Paradox: 1.3 Million Homes Vacant Amid Tight Market
Foreclosures rise as 'zombie properties' persist, but overall impact minimal on booming market.
More Self-Employed Workers Equals More Non-QM Opportunity
LOs urged to go non-agency in monthly Town Hall
FTC Tightens Data Security Protocols For Nonbank Financial Firms
New amendment to the Safeguards Rule mandates prompt reporting of major data breaches, reinforcing protection for consumer information.
First American Pays NY $4.5M To Settle No-Poach Agreements
AG secures $13.75M from title insurance firms, championing worker rights and wage growth.
Surge In Personal Spending; Incomes Struggle To Keep Pace
As consumer spending outpaces forecasts, concerns arise over stagnant incomes; Federal Reserve to consider this crucial data in its upcoming policy meeting.
Rithm Capital Gears Up For Major Year-End Acquisition
Amid strategic acquisitions and a potential mortgage unit spinoff, CEO highlights company's vision to lead the global asset management arena.
FHA Proposes Game-Changing Guidelines For HECM For Purchase Program
New measures could boost H4P adoption rate and offer borrowers potential savings with inclusion of premium pricing.
Mortgage Rates Near 8%
Freddie Mac reports consecutive rise in rates for the seventh week, pushing potential buyers to reconsider as affordability becomes a significant barrier.
ServiceLink Bolsters Origination Division With Trio Of Industry Veterans
Key hires, including award-winning Joe Amoroso, to spearhead client growth strategy, reflecting the company's commitment to innovative mortgage solutions.
Pending Home Sales Edge Up Despite Historic Mortgage Rate Hikes
National Association of Realtors points to potential recovery led by Midwest and South, while emphasizing homebuilders' role in replenishing housing inventory.