Why foreclosures are still below pre-pandemic levels
Foreclosure data showed little stress for many years prior to the onset of COVID-19 and it has continued to perform well since then.
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Appraisal Institute executive accused of harassment withdraws from public appearances
The Appraisal Institute (AI) executive who’s been accused of sexual misconduct by multiple women has decided to keep a low profile.
Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral
The suit between Texas Capital Bank and Ginnie Mae has been revived after the bank filed an appeal this week with the Fifth Circuit.
ServiceLink expands closing technology
The latest enhancements allow users to schedule closings in real-time with expanded options for online and in-branch appointments.
Redfin stockholder files suit over disclosures in Rocket deal
Redfin shareholders are set to vote on Rocket’s acquisition of the firm next month, but one stockholder has issues with the disclosures.
HUD secretary defends repeal of fair housing rule
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
House bill calls for bigger SALT tax breaks
The new SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less, up from the current $10,000 limit.
More home sellers and home sales in May
The risk for this market is mortgage rates going higher. Even as the stock market has rebounded, the bond market has kept rates high.
ERA Real Estate franchise affiliate announces Texas partnership
The combined firms now represent 111 agents who handled 1,563 transactions and $738 million in sales volume in 2024.
Mortgage demand still staying firm with elevated rates
As the spring home-buying season winds down, the demand for mortgages is holding steady, even with the higher rates.