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Zillow: Home Values Hit Record Peak In June

But tide for buyers could be turning as homes take longer to sell.

Analysis and Data
Foreclosure Activity Up 13% In 1st Half Of ‘23

ATTOM report says filings are gradually approaching pre-pandemic levels.

Analysis and Data
Black Knight: Mortgage Rate Locks Edged Lower In June

Purchase lending accounted for 88.4% of rate locks in June, a record high.

Analysis and Data
Title Insurance Agency To End No-Poach Agreements, Pay $1M

Kensington Vanguard admits no wrongdoing in deal announced with N.Y. Attorney General's office.

Regulation and Compliance
UWM Expands Affordability Offerings For 1st-Time Buyers 

Offering Special Purpose Credit Programs for HomeReady and Freddie Mac’s BorrowSmart Geo-Target.

Sales and Marketing
Annual Inflation Drops to 3% In June, Lowest In 2 Years

The increase in the CPI is down from 9.1% at the same point last year.

Analysis and Data
Mortgage Applications Rise For 3rd Straight Week

MBA's Market Composite Index rose 0.9%, despite interest rates rising above 7%.

Analysis and Data
Rocket Pro TPO Introduces ‘Target Profit Control’

New program intended to help ensure profitability goals are met by correspondent lenders on every loan. 

Correspondent
MISMO Releases Updated Life Of Loan Process Model

Allows users to view MISMO standards within the context of a typical mortgage’s life cycle.

Regulation and Compliance
CrossCountry Creates Affordable Housing Role, Names New CRO

Banks named SVP Of Housing Initiatives; Lemeshev promoted to executive team.

People On The Move