April 2026

US foreclosure filings rise 26% in Q1 2026, ATTOM says

Foreclosure activity accelerated in the first quarter of 2026, with signs of mounting operational pressure for mortgage servicers and downstream vendors, according to ATTOM’s latest U.S. Foreclosure Market Report and insights from industry executives. While overall foreclosure volumes remain below pre-Great Recession peaks, starts, completions and real estate-owned (REO) inventories are climbing, timelines are shrinking […]

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Construction pros see spring rebound despite economic uncertainty

A new survey indicates that residential contractors and remodelers began the second quarter on an optimistic note, but economic uncertainty driven by the war in Iran could complicate the picture.  The Houzz Q2 2026 U.S. Houzz Pro Industry Barometer, a survey conducted between March 17 and April 6, found that construction and design pros expect

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CMG Mortgage sued for raiding lenders’ Arizona branches

A Utah lender is suing CMG Mortgage for allegedly surreptitiously raiding two of its Phoenix-area branches. Processing Content SecurityNational Mortgage Co. sued the larger competitor last month in an Arizona state court, and CMG elevated the case to a federal forum this week. The complaint identifies both SNMC and CMG employees purportedly involved in the

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Regulator: Bank misled veterans on VA loan refinances

Federal officials are ordering a community bank and national mortgage lender to investigate and take corrective action over alleged misconduct that targeted Department of Veterans Affairs borrowers.  Processing Content In a consent order filed in early April, the Office of the Comptroller of the Currency accused The Federal Savings Bank, a Chicago-based depository institution specializing

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IMB profitability hits 4-year high in 2025, MBA finds

Independent mortgage bankers posted their highest origination profitability in four years in 2025, though returns remained well below levels seen in most years from 2009 to 2021, the Mortgage Bankers Association found. Processing Content Furthermore, the growth in the production segment’s financials was largely offset by a drop in net servicing financial income versus 2024.

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Buyers expect AI in mortgages, but trust is slipping

The majority of homebuyers now expect artificial intelligence to play a role in the buying process but their trust in it is diminishing. Processing Content Three-quarters of buyers assume AI has already been embedded in the housing ecosystem, according to a new study from Cotality. But 55% of buyers in the United States would prefer

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Fed’s Miran downplays inflation risks, rethinks rate cuts

Key takeaway: Fed Gov. Stephen Miran said he could now foresee three short-term interest rate cuts instead of four, citing shifts in the underlying composition of headline inflation.  Expert Quote: “What’s happened in the last couple of months before the war broke out is that even though headline inflation was going sideways, the underlying composition

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Rent or Buy? The Real Tradeoff Most People Don’t Talk About

Rent or Buy? The Real Tradeoff Most People Don’t Talk About

You’ve probably asked yourself lately: Is it even worth trying to buy a home right now? It’s a question a lot of people are asking. With today’s home prices and mortgage rates, renting can feel like the easier path. In some cases, it might even seem like the only realistic option right now. And if

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As AI in housing grows, buyers demand transparency and to keep humans in the loop

Three in four homebuyers assume artificial intelligence already plays a role in the homebuying process, but most still want humans making or verifying key decisions, according to a new global survey from property data firm Cotality. Its AI in Housing 2026 Report, released Thursday, finds that 75% of buyers expect AI to be embedded somewhere

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