The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it’s no surprise to see mortgage rates right in line with Friday’s latest levels. For the average lender, this means conventional 30yr fixed rates are at the upper boundary of a narrow range stretch back to September 4th. It was the […]
Mortgage Rates Hold Steady to Begin New Week Read More »
Fraud and misrepresentation remain persistent challenges in the mortgage industry and Freddie Mac is responding by bringing Quality Control Advisor Plus to the market, a tool which automates this compliance function. The tool is currently in a phased onboarding process with plans to make it available to all lenders by year-end, including the participants in
Freddie Mac adds mortgage quality control automation tool Read More »
Takeaways: Large insurers would have to assess and disclose climate risks Proposal requires risk projections for next three decades Advocates want more risk mitigation efforts and disclosures California insurance commissioner Ricardo Lara’s proposed Long-Term Solvency Regulation, announced October 28, has insurers criticizing its provisions while consumer advocacy groups call for more disclosures and climate mandates.
Industry, advocates react to California’s proposed insurer solvency rules Read More »
New-home mortgage applications fell again in October, but the seasonally adjusted annual sales pace climbed to its highest level this year, according to the Mortgage Bankers Association. New-home purchases fell 2.6% year over year and 1% month over month in October, according to the Mortgage Bankers Association’s Builder Application Survey. The MBA also estimated that
New-home sales pace hits 2025 high despite dip in apps Read More »
Federal Reserve Governor Lisa Cook’s legal team offered a detailed rebuttal to mortgage fraud allegations made by President Donald Trump and other US officials, arguing in a new letter to Attorney General Pam Bondi that the claims “fail on even the most cursory look at the facts.” Cook’s attorney Abbe Lowell sent a letter on Monday to
Fed’s Lisa Cook contests ‘baseless’ mortgage fraud case to Bondi Read More »
Key insight: JPMorganChase is launching its largest-ever anti-scam initiative, adding “trusted contacts” and dedicated intervention teams to fight record-high fraud. What’s at stake: Consumer advocates say the plan lacks a critical component: better reimbursement for scammed consumers, who rarely recover money from “authorized” payments. Supporting data: Americans lost an estimated $158.3 billion to fraud in
Chase launches new anti-scam program Read More »
(Bloomberg) — Former Federal Reserve Governor Adriana Kugler, whose abrupt resignation allowed President Donald Trump to install an ally at the central bank, violated Fed ethics rules and was subject to an internal probe when she stepped down in August, documents released Saturday showed. In her final weeks at the Fed, Kugler sought to address
Ex-Fed Gov. Kugler resigned after violating trading rules Read More »
After several years of high mortgage rates and hesitation from buyers, momentum is quietly building beneath the surface of the housing market. Sellers are reappearing. Buyers are re-engaging. And for the first time in what feels like forever, there’s movement happening again. No, it’s not a surge. But it is a shift – and it’s
The Housing Market Is Turning a Corner Going into 2026 Read More »
RE/MAX is accelerating the integration of AI and cutting-edge technology to transform how agents engage with clients, generate leads, and deliver results. Initiatives like Max AI, MaxRefer, MaxEngage, and HomeView leverage real-time data, personalized marketing, and AI-driven tools to streamline the homeownership experience and empower its agents. Leading this innovation is Travis Saxton, EVP of
RE/MAX accelerates real estate innovation with AI and technology Read More »
UMH CEO Sam Landy should be thanked for sharing via HousingWire his recent op-ed which weaves together what is arguably a subtle call for the Manufactured Housing Institute (MHI) to do what the Manufactured Housing Association for Regulatory Reform (MHARR) called for amendments to the ROAD to Housing Act 2025. Consider carefully what Landy did