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Coming Up:
Pending Home Sales Fell In March To 4-Month Low
NAR's Pending Home Sales Index fell 5.2% to 78.9 in March, the lowest level since November 2022.
Home-Sellers' Profits Fell in Q1 2023: ATTOM
Profit on single-family home or condo fell to 44.2% as home prices stayed flat or fell.
Median Mortgage Application Payment Rose In March
MBA’s Purchase Applications Payment Index hits record high.
Mr. Cooper To Acquire Rushmore Residential Loan Servicing Platform
Deal follows February announcement of acquisition of Rushmore parent, Roosevelt Management Co.
FHFA Director Says It Ain't So
Thompson denies pricing changes at Fannie, Freddie make wealthier borrowers subsidize poorer ones.
RCN Capital Opens LA Office
Expansion marks lender's continued success.
Feds: AI No Excuse For Breaking The Law
CFPB, DOJ, EEOC, and FTC issue joint statement saying automated systems have potential to harm consumers.
My Best Deal: A Family Of 13 Children Finds A Home
Hard work finds a home for a baker’s dozen
NMP
Guild Doesn't Fold, It Doubles Down
California-based independent mortgage lender continues to grow through acquisitions
NMP