A coalition of 27 Republican state attorneys general led by Patrick Morrisey of West Virginia was denied the option to join oral arguments against the Consumer Financial Protection Bureau (CFPB) by the U.S. Supreme Court in a case that will decide the constitutionality of its funding source, and whi

Rep. Maxine Waters, the ranking member of the House Committee on Financial Services, is concerned about the Federal Trade Commission settlement agreement that will allow Intercontinental Exchange Inc. (ICE) and  Black Knight to merge.“In addition to potentially creating a housing finance conglomerat

Vlad Stojanovic, formerly of Compass, is joining the Beverly Hills office of Christie’s International Real Estate, the company announced Wednesday. The 15-year industry veteran is known for his connections to the tech and private equity sectors and boasts a track record of noteworthy transactions. O

After a slump in June, the sales pace of new homes picked up month over month in July, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). In July, the sales pace of new homes climbed 4.4% compared to June, reaching a seasonal

New York-based digital lender Better.com  announced Wednesday the closing of its business combination with the special purpose acquisition company (SPAC) Aurora Acquisition Corp,, ending a two-year journey to make the business public. Better HoldCo, Inc. and Aurora are creating Better Home & Finance

Find out how the San Diego housing market is doing in 2023 and if there are any signs of a potential crash.

Foreclosure inventory hit a 15-month low in July representing the continued strength of mortgage performance.Loans in active foreclosure fell to 220,000 – the fewest since just after the end of federal foreclosure moratoria – and were down 63,000 or 22% from February 2020, prior to the pandemic, acc

Ginger Wilcox’s intricate knowledge of the housing market is almost unparalleled. Her industry experience is vast and includes leadership roles across the housing landscape. Wilcox has a unique skillet and is laser-focused on how to best serve the end consumer. A look at her list of accomplishments

Atlanta-based Christie’s International Real Estate franchise affiliate Ansley Christie’s International Real Estate poached Georgia’s top performing agent Shirley Gary and 25 of her agents, the company announced in a press release on Thursday.Gary and her agents are coming from an Engel & Völkers fra

“Home sellers are buyers” — this is a phrase that I have been using in my economic work to explain the reality of the housing market recently. Obviously, people don’t sell a home to be homeless. So, when home prices and mortgage rates rise so quickly, some sellers won’t list, which means they’re not

The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). On June 1, six federal agencies requested comments from the public

The housing market continues to cool amid high mortgage rates, low inventory and rising property insurance rates.The National Association of Realtors (NAR) suggested a 2.2% month-over-month drop from June, a seasonally adjusted annual rate of 4.07 million, according to its latest report.Despite a sh

Prospective homebuyers face an obstacle course of challenges – from financing to logistics – once they make the decision to purchase a home. This process can be even more difficult to navigate for those with limited financial resources, first-time homebuyers, and minority borrowers, especially in to

The total number of loans now in forbearance decreased by 5 basis points to 0.39% of servicers’ portfolio volume in July from 0.44% May, according to the Mortgage Bankers Association’s (MBA) monthly loan monitoring survey.The MBA estimates about 195,000 homeowners are in forbearance plans. Mortgage

Its many antique buildings, including a five-bedroom main house with the original section dating back to the 1700s, have been expanded and updated to modern tastes.

There isn’t a one-sized-fits-all approach or solution, as the study, appropriately named Scorched: Extreme Heat and Real Estate, pointed out.

Ohio-based lender Union Home Mortgage denied sex discrimination claims made by a former employee whose employment was terminated while she was pregnant. The lender acknowledged employment termination but denied any unlawful conduct. Elizabeth Martin, a former loan officer assistant of UHM, filed sui

The past year hasn’t been particularly good for tech or housing. As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Magazine list of the 5,000 fastest growing private companies in America declined in 2023. In all, 37 companies made the cut th

Mortgage rates only kept climbing in the last week. Buyers in this real estate market notice these affordability changes, and so we can see in the data fewer home purchase offers, slightly climbing unsold inventory, and slightly more price reductions for the homes that are on the market. This is the