US home prices continued their rally in September
Home prices rallied in September, as homebuyers still outnumbered sellers.
Home prices posted a 3.9% annual gain in September, up from a 2.5% gain in the previous...
Ascent Software Group acquires property data collection platform Value Acceptance
Proptech solutions provider Ascent Software Group (ASG) has acquired property data collection platform Value Acceptance.
Through the acquisition, ASG hopes to modernize the appraisal industry by providing...
AlphV/BlackCat gang allegedly behind Fidelity ransomware attack
Infamous ransomware gang AlphV/BlackCat appears to be behind last Tuesday’s cybersecurity attack at Big Four title firm Fidelity National Financial.
In an online post on Wednesday, the...
CFPB orders Bank of America to pay $12M for submitting false mortgage data
The Consumer Financial Protection Bureau (CFPB) imposed a $12 million penalty on Bank of America (BofA) for violating federal laws by submitting false mortgage lending information for about four years,...
It’s worth giving consumer credit a closer look — here’s why
HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about credit optimization and how taking a closer look at consumer credit can benefit borrowers.
HousingWire:...
Nonbanks profitability to decline in the coming quarters: Moody’s
Nonbank mortgage companies increased their profitability as a group in the third quarter of 2023, compared to the previous quarter, due to the performance of their...
FHFA conforming loan limits increase to $766,550 in 2024
The baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2024 will be $766,550, up 5.5% compared to the current limit...
Rapidio releases new income assessment tool for underwriters
Rapidio, a mortgage underwriting technology provider, on Monday released the income assessment component of its underwriting product, FlexStack Component System.
The new tool is an automated income...
Here’s how real estate brokers can aggressively attack operating costs
Broker/owners have been on quite a ride over the last few years.
With the residential real estate pendulum swinging from blissful exuberance in the second half of...
Here’s why home sales will climb in 2024
https://www.youtube.com/watch?v=EWWcNbpAN8A
If you follow real estate data closely, you’ll know that inventory rose late into November. You also know that new listings are up over last year,...