Fidelity National Financial is latest victim of a cybersecurity attack
Fidelity National Financial (FNF) was attacked by a “cybersecurity incident” that led the system to shut down some of its network, the company said.
FNF blocked access...
Here’s what you can expect from the 2024 housing market
Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a...
Figure hires banks for lending arm IPO: Bloomberg
Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo, hiring investment banks to coordinate the initial public offering (IPO),...
Class Valuation’s CIO on solving the appraisal conundrum
Editor in Chief Sarah Wheeler sat down with Scot Rose, CIO at Class Valuation, to talk about innovation in the appraisal space and how the technology...
Mortgage rates continue falling before Thanksgiving: Freddie Mac
Mortgage rates dropped significantly in the last few weeks, but the cost of borrowing remains high prompting many homebuyers to wait for even lower rates.
The 30-year,...
Fannie Mae on Q4: Existing home sales will be lowest since 2010
The housing market has not hit the bottom in existing home sales yet, Fannie Mae projected.
With mortgage rates having previously soared to around 8%, existing home...
Foreclosure starts rise in October but near-term risk is muted: ICE
While foreclosure completions remained relatively flat in October, foreclosure starts rose to 33,000, hitting their highest level in 18 months, according to the ICE Mortgage Monitor...
Opinion: More should be done to shorten the average time to close
Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half.
It’s...
Mortgage applications surge to highest level in six weeks: MBA
Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week.
Total home loan applications increased 3%...
Share of mortgage-free homeowners hits all-time high in 2022
While prospective homebuyers are grappling with still-elevated mortgage rates, a growing share of Americans are enjoying being mortgage-free.
In 2022, nearly 40% of U.S. homeowners owned their...