Mortgage rates fall as labor market normalizes

Everyone was waiting to see if this week’s jobs report would send mortgage rates higher, which is what happened last month. Instead, the...

DataDigest: Mortgage rates aren’t causing delinquencies. Disasters are

In September 2022, the 30-year fixed mortgage rate averaged 6.1%, according to Freddie Mac data. Fast-forward one year, and the rate averaged 7.2%,...

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...

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...

The power of credit optimization

The No. 1 reason a mortgage loan applicant is denied for a loan is a problem with their credit score. In good times when...

Hackers accessed data of 1.3M customers in Fidelity cyberattack

Mortgage subservicer Loancare informed authorities that the data of about 1.3 million customers was compromised following a cyberattack in November on its parent...

Demo Day: CoreLogic Image Analytics

Image Analytics CoreLogic’s Image Analytics feature leverages advanced computer vision technology to analyze and extract valuable insights from images related to real estate properties....

Blend launches lower-cost option for retail IMBs

Mortgage tech firm Blend has launched a lower-cost version of its mortgage suite for retail independent mortgage banks, the company announced this week. This...

Life of Social Security trust fund gets slight extension

Social Security is often the centerpiece of seniors’ fixed income in later life, and while predictions remain limited for the life of the...

Is the housing market finally turning a corner?

https://www.youtube.com/watch?v=hgC5-anR5DU As 2023 draws to a close soon, housing inventory has been rising very late in the year. Last year at this time, sellers...