Missouri jury finds NAR, brokerages guilty of conspiring to inflate commissions
A Kansas City jury has found the National Association of Realtors, HomeServices of America and Keller Williams guilty of colluding to inflate or...
Better delivers $340M loss in Q3, plans to keep trimming expenses
Better Home & Finance Holding, the parent of digital lender Better.com, delivered a massive loss in the third quarter of 2023, its first earnings...
Opinion: Bank capital requirements would put squeeze on mortgage market
In September, the nation’s banking regulators released a proposal to increase the capital required of banks with more than $100 billion in assets....
Opinion: Today’s regulatory compliance starts at the top
High-profile government actions against some of the nation’s largest financial firms for alleged violations of fair lending laws and loan servicing principles have...
Five ways to win more borrowers
The mortgage industry continues to evolve, especially as the market shifts. In addition to limited inventory, rising rates and affordability constraints, mortgage companies...
Why home prices haven’t crashed even with high mortgage rates
Weekly housing inventory data
We will start with the price cut data percentage because it deserves a detailed explanation. 2022 was a historic year...
‘There will be bank failures,’ Fed chief tells lawmakers
In remarks made Thursday to the Senate Banking Committee this week, Federal Reserve Chair Jerome Powell said he expects some U.S. banks to...
All-cash transactions gain traction amid high mortgage rates: Redfin
In September, all-cash purchases represented one-third of the U.S. home purchases, compared to 29.5% a year ago, according to a Redfin report. It’s...
FHFA failed to document desktop appraisal reviews, OIG says
The Federal Housing Finance Agency (FHFA) failed to adequately document desktop appraisal reports, which clouds data on the effectiveness of the desktop appraisal...
How will mortgage rates impact seasonal inventory in 2024?
Weekly housing inventory data
One substantial positive story for 2024 is that we have more housing inventory year over year. It’s not a lot,...
