How new FCC rules closing the ‘lead gen loophole’ could impact mortgage professionals
The Federal Communications Commission (FCC) last week released a new order amending its “express consent” rules for the Telephone Consumer Protection Act (TCPA),...
FHA: MMI Fund remains healthy despite mortgage headwinds
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) managed another solid year of financial performance for...
BofA’s mortgage production declines 6% in Q3
Top-20 U.S. mortgage lender Bank of America (BofA) reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous...
Home prices in opportunity zones show mixed trends in Q1 2024
Median prices for homes and condominiums in federally designated opportunity zones rose in 49% of areas from fourth-quarter 2023 to first-quarter 2024, according to...
Stakes are high as first buyer broker commission lawsuit goes to trial today
The long-anticipated Sitzer/Burnett class action commission lawsuit enters its first day in court on Monday, leaving real estate professionals to ponder the fate...
Consumer prices rose moderately in November, but housing prices remain sticky
Inflation continued to edge down in November on a monthly basis, reinforcing the likelihood that the Federal Reserve holds interest rates steady at...
What the new home sales report shows about labor market risk
When single-family permit demand collapsed in 2022, we still had a healthy backlog of homes that needed to be finished. While that was...
Opinion: CoreLogic’s Selma Hepp on the effects of ‘pandemic migration’
The COVID-19 pandemic has had a profound impact on the way we live and work. One of the most significant changes has been...
Is this the beginning of the end of the housing market recession?
https://www.youtube.com/watch?v=JzxUujdIf5s
While home prices in the U.S. held up in 2023, sales volume in the housing market cratered. Consumers care about home prices and...
Inflation moderates to 3.2% in October
Consumer prices were up 3.2% in October from a year earlier, down from 3.7% in September and slightly slower than economists’ expectations. “Core”...
