MBA, CHLA back proposed changes for manufactured home loans

The Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), and the Manufactured Housing Institute (MHI) submitted a joint letter advocating...

Rental properties can help agents build a sphere of influence

Since its launch in 2016, RentSpree has served 1.1 million rental units across the country, according to Lucarelli. Miami-based Realtor Yansey Valdes entered the...

Cenlar FSB, BaseCap partner on new servicing compliance program

Cenlar FSB, the second-largest mortgage servicer and largest subservicer in the U.S., has partnered with financial services-focused data and analytics company BaseCap Analytics...

Home prices climbed in October at fastest annual rate

Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. Real estate experts...

Housing costs continue to burden American families: NAHB

In the first quarter of 2024, 38% of a typical household’s income was needed to make a mortgage payment on a median-priced, new...

Rocket TPO announces a 25 bps credit on non-owner-occupied agency loans 

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency...

US annual rent growth slows for the 17th straight month in September: CoreLogic

Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three...

Fidelity says cybersecurity attack is contained but questions remain

After about a week of chaos at Fidelity National Financial (FNF) due to a cybersecurity attack, the firm said the incident was contained...

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...

Compass cuts losses in Q3, addresses commission lawsuit threat

Compass surprised positively in the third quarter of 2023 by posting a number of strong results. The brokerage’s national quarterly market share grew...