Pending-home sales rise to highest level in a year in October: Redfin
U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending...
CBC Mortgage Agency cuts rates on down payment assistance second mortgages
CBC Mortgage Agency — a federally chartered housing finance agency — is reducing interest rates on repayable second mortgages used for its down payment assistance (DPA)...
Rithm Capital completes acquisition of Sculptor
New York-based Rithm Capital, the parent company of Newrez, announced on Friday it completed the acquisition of Sculptor Capital Management for $719.8 million.
The deal was made public four months ago and...
Nosalek plaintiffs cite Allan Dalton video in opposition to summary judgment
Nearly four months after filing a motion for summary judgment in the Nosalek commission lawsuit, HomeServices of America finally has a response back from the plaintiffs.
As...
Housing starts and permits rose moderately in October
Housing starts surprised in October. They rose to a seasonally adjusted annual rate of 1,372,000, the highest in three months, according to the U.S. Department of...
Fitch: Title revenue to rise 3% annually in 2024
Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a...
CoStar CEO: ‘We had zero involvement’ with commission lawsuits
ANAHEIM, Calif. — Andy Florance, founder and CEO of CoStar Group, wants to set one thing straight: his company had nothing to do with the commission...
CUSO Home Lending rolls out Dark Matter Technologies’ loan origination system
CUSO Home Lending rolled out Dark Matter Technologies’ Empower loan origination system (LOS) for its credit union owners.
CUSO Home Lending — a lender owned by Maine...
Freddie Mac to roll out fee-based repurchase pilot program in 2024
Freddie Mac will launch a new fee-based repurchase alternative pilot program for performing loans in 2024, designed to improve the quality of performing loans through a...
New-home mortgage applications surged nearly 40% annually in October: MBA
Mortgage demand for new homes jumped in October as the inventory for existing homes remained depleted.
Mortgage applications for new-home purchases rose 39.7% in October on a...