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Judge allows major loan originator to maintain its offerings until December, challenging CDFI Fund's move based on alleged miscalculations.
Homebuyers advised to shop around.
Housing analysts attribute low pending home sales to a variety of factors.
New home sales fueled by first-time buyers and low existing inventory, despite higher mortgage rates; MBA's survey indicates 702,000 units sold at peak pace in three months.
Founder Aaron King becomes executive chairman.
Anthony Garvin's fraudulent HELOC operation causes significant losses; accomplices await sentencing.
Fannie Mae and Freddie Mac exhibit contrasting risk trajectories, while purchase loans dominate in a high-interest rate environment.
Shifts in primary, secondary, and demand components of mortgage spreads challenge affordability; analysts predict rates may stabilize between 6.5-7.5% for the year.
Industry veteran Nino Saso named chief production officer.
Home sellers in high-cost areas face tough choices as employers change work from home policies.