Foreclosure filings dropped in November. Is market pressure finally easing up?
One in 4,795 homes had a foreclosure filing in November 2024. That equates to a total of 29,390 filings, down from 30,784 in October.
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EasyKnock, facing fire on multiple fronts, abruptly shuts down
Founded in 2016, New York-based residential sale-leaseback platform EasyKnock goes out of business.
Small drop in mortgage rates a good sign for December
If housing industry professionals are looking for an early Christmas gift, they might receive it in the next two weeks if key economic indicators move in the right direction.
Citi invests in mortgage platform Pylon
Mortgage infrastructure provider Pylon received a minority investment from Citi, and will sell mortgages on its platform through the bank’s mortgage trading desk.
Dustin Owen on housing affordability: ‘I don’t think it’s going to be solved over the next four years’
Dustin Owen says that Donald Trump’s policies on tariffs and immigration could raise inflation and interest rates rather than lowering them.
Mortgage servicing execs expect ‘profound’ changes under Trump
These key changes come could in the form of interest rates, conforming loan limits and reform of the government-sponsored enterprises.
Credit bureaus will push to scale back mortgage trigger leads bill
The passage of the mortgage trigger lead bill as proposed in Congress may face a challenge this week from the consumer reporting industry.
Chrissi Rhea, co-founder of Mortgage Investors Group, has died
Chrissi Rhea, co-founder of Mortgage Investors Group and member of the MBA’s board of directors, died on Nov. 8, at the age of 73.
The trigger lead bill looks in doubt post-election
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.
Movement Mortgage names Steve Smith president and CFO
Top retail mortgage lender Movement Mortgage named longtime industry executive Steve Smith its newest president and CFO.