Pennymac Loan Services and RoundPoint Mortgage Servicing reported this week their customers were exposed to a data breach through the Sovos Compliance software, per filings with the Attorney General in California. Sovos, which provides services to financial companies, said that its vendor Progress S

The Federal Housing Finance Agency (FHFA) is considering giving more financial firms, including nonbank mortgage lenders, access to the $1.4 trillion network of Federal Home Loan Banks (FHLBs), Bloomberg reported, citing people familiar with the matter.The FHFA may stop short of explicitly calling f

The pace of hiring continued to cool in August, with job gains of 187,000, which is lower than both the 204,000 monthly average for the previous six months and the 399,000 average of 2022, said Realtor.com Chief Economist Danielle Hale.Total nonfarm payroll employment increased by 187,000 jobs, just

The Sport of Kings has forever been a study in contrasts.

Clear turquoise waters, white-sand beaches and a resort vibe define the island in the Bahamas connected to the capital city of Nassau by two bridges.

By taking proactive measures to reduce water consumption and improve sustainability, the construction industry can contribute significantly to alleviating Europe's wat...

We list all 50 states from highest to lowest property taxes, and you may be surprised by what you see.

When homeowners want a weekend getaway, check out these housewarming gifts. They're the items that can make short excursions more fun and more functional.

Intercontinental Exchange (ICE) received the green light to move forward with its acquisition of Black Knight after the Federal Trade Commission (FTC) accepted a binding settlement.Under the agreement, both firms will divest Black Knight’s loan origination system (LOS) Empower business and product a

Core inflation met consensus expectations today, with goods prices declining and shelter inflation continuing to moderate, said Zillow Senior Economist Orphe Divounguy.The personal consumption expenditures (PCE) price index, excluding food and energy, rose 0.2% in July after increasing 0.2% in June,

A Federal Reserve plan to make low-downpayment loans more expensive for banks could negatively impact the Biden administration’s efforts to combat housing inequality, experts told Politico. Civil rights and housing groups have formed an unlikely alliance to oppose the plan, claiming that increased c

Encompass Lending Group, a subsidiary of real-estate services platform Fathom Holdings, has acquired Austin, Texas-based Elite Financing Group, the company announced Thursday. Terms of the deal were not disclosed.Elite Financing Group will operate under the umbrella of Cary, North Carolina-based Enc

Adam Wiener, Redfin’s president of real estate services, is leaving the brokerage after nearly 16 years of service, CEO Glenn Kelman announced in an email sent to employees on Tuesday. His last day at the company will be Friday, Sept. 8.During his tenure, Wiener first served as a product manager for

New York-based asset management firm Sculptor Capital Management said Wednesday it rejected an improved bid from a group of investors. Sculptor said it still prefers the deal with Rithm Capital due to the closing certainty.“The Special Committee has not concluded that the Consortium’s most recent re

The pile of lawsuits facing Gary Keller and the real estate firm he co-founded, Keller Williams, just got larger. Former KW CEO John Davis filed his second lawsuit against the firm on Wednesday in the Western District of Texas.In the filings, which name Keller Williams, Keller, former KW president J

Mortgage rates ticked down modestly after job openings data for July came out yesterday, but rates remain elevated. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.18% as of Aug. 31, dow

In what is perhaps the most traditional sector of housing, change has arrived.However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. How do the solutions work? Why do we need them? Who is eligible to take advantage of them? An

Remember, the holidays are just around the corner, so it’s important to get your home in order in anticipation of all the fun and celebration.

NexTier, the holding company of NexTier Bank, will acquire Mars Bancorp, the holding company of Mars Bank. Terms of the deal were not disclosed.The combined company and branch locations will operate under the NexTier Bank brand, both banks said in a release Thursday. With the acquisition, NexTier Ba

For a great many reasons, conversions of abandoned schools should be seen as one of the solutions to the nation's housing crisis, as the professionals at architectural firm Moody Nolan can readily attest.