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Coming Up:
ADP: Private Sector Jobs Increased By 324,000 In July
Private sector pay was up 6.2% year over year.
Duo Launches Clear Mortgage Office
Veteran originator, real estate agent target Carolinas for expansion.
Mortgage Applications Decrease By 3% Weekly
MBA says drop due to rising rates and declining inventory.
Aug 01, 2023
Annual Foreign Investment In Existing Homes Drops 9.6% To $53.3 Billion
Number of existing homes bought by international buyers declined to 84,600 – the fewest since 2009.
CFPB Research Finds Cash Flow Should Be Used With Credit Reports
Consumer agency researchers say combination creates a more accurate reflection of ability to pay.
FHA Eyes Electronic Communication With Proposed Modernized Engagement For Defaulting Borrowers
Remote outreach methods could become permanent, aligning with technological advances and borrower preferences.
CoreLogic: U.S. Home Price Growth Shows Signs Of Increase
Modest increase signals potential rebound amid regional variations.
Florida Man Pleads Guilty To Nationwide Mortgage Audit Scheme
Charged with wire fraud for claims he could wipe out clients’ mortgage debt.
Home Orbit Lending Expanding To North Carolina Market
Adds Matthew Valentine to help build the company’s brand.