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Home Prices Hit Record Highs for Third Month in a Row

July report indicates continued growth at 2.3% but slower monthly gains and regional discrepancies raise questions about market stability.

Analysis and Data
Mortgage Delinquency Rates Hit Historic Lows in June 2023, CoreLogic Report Finds

June data reveals exceptional mortgage performance despite lingering effects of natural disasters on local markets.

Analysis and Data
Mortgage Rates Slightly Retreat, Holding Above 7%

Freddie Mac's latest report shows a modest decline in 30-year fixed-rate mortgages to 7.18%, though they remain well above the 7% threshold.

Analysis and Data
William Tessar Launches CV3 Financial Services

Team launches private lender built for real estate investors.

People On The Move
The Money Store Hires New Chief Production Officer

John Palmiotto has 28 years of experience in the mortgage industry.

People On The Move
Justice Department Settles with American Bank of Oklahoma Over Tulsa Redlining Allegations

Settlement aims to address lending discrimination in historically Black neighborhoods, including sites of the 1921 Tulsa Race Massacre.

Courts
Better Home & Finance Sued For $1.86 Million Over Unpaid Advertising Fees

Newly-public digital mortgage lender faces legal battle with Meredith Operations Corporation for alleged breach of contract.

Courts
Mortgage Sector Rebounds in Q2 2023, First Uptick in Two Years Despite Economic Volatility

ATTOM report reveals a 21% quarterly surge in residential mortgage activity and a shifting landscape in loan types, even as annual numbers lag behind.

Analysis and Data
Pending Home Sales Inch Up in July, Despite Year-Over-Year Decline

Regional variability noted as South and West show signs of recovery.

Analysis and Data
Industry Insiders Seek Regulation After CFPB Hits Credit Repair Giants With $2.7B Fine

Mixed reactions follow landmark settlement as some hope it could pave the way for future regulation and consumer protection.

Analysis and Data