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...

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...

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...

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...

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...

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...

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...

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...

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...

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...