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Coming Up:
ATTOM: Foreclosure Filings Spike In May
Filings rose 7% from April and 14% from a year earlier.
Mortgage Rates Decline After 3 Weekly Increases
The 30-year fixed-rate mortgage averaged 6.71%, down 8 basis points from the previous week.
5 Federal Agencies Propose Guidance For ROVs
Addresses reconsiderations of value (ROV) for residential real estate transactions.
Jun 08, 2023
Freddie Mac Adds Affordable Housing Program For Native Americans
HeritageOne will increase access to affordable mortgages for tribal members living in tribal areas.
A Gloomy Snapshot Of The Housing Market
3 separate reports show low inventory affecting homebuyers’ perceptions.
Union Home Mortgage Appoints New Leader In Florida
Linda Thomas takes on regional manager role after growing Tampa market.
Borrowers See 1st YOY Decline In Home Equity Since 2012
The 0.7% YOY decline in Q1 is equal to an average loss of $5,400 per borrower from Q1 2022.
Mid Valley Funding Settles UWM 'All-In' Lawsuit
Agrees to pay $40K over allegations it violated its broker contract; UWM had sought $310,000.
Sprout Agrees To Settle Lawsuits Over Unpaid Wages For $3.5M
Deal would compensate former employees left unpaid when lender abruptly closed July 6.