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While nationwide home inventory was down nearly 20%, the Northern Virginia Association of Realtors reported that inventory is up 31% for the region.

The Federal Housing Finance Agency's House Price Index was up 1.7% in May from the previous month and up a whopping 18% from the same time last year.

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Newrez LLC enhanced its Dream Big and non-qualified mortgage product suites with the launch of new adjustable-rate mortgage loan products.

ATTOM’s mid-year foreclosure market report shows that foreclosure filings from the first six months of the year were down 61% from the same time last year and down 78% from the same time two years ago. 

A new Redfin report reveals that the housing market’s supply side is slowly rebuilding as more homes for sale become available and pending sales decline.

Newly appointed Andrew Shedd will be responsible for reimaging and reintroducing savings, credit, and lending products to a generation of savvy earners.

Freddie Mac named Jerry Mauricio as its senior vice president and chief compliance officer.

The Federal Housing Administration announced additional COVID-19 recovery options to help both forward and reverse homeowners who are facing hardships as a result of the pandemic.

Angel Oak Mortgage Solutions added four new account executives to its team and also announced the return of two previous account executives.