Return to onsite work motivating one in 10 home sellers to move
New Redfin survey examines reasons for selling in elevated interest rate environment
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CoreLogic: Home prices regain steam in July, but appreciation slowing
Prices set to keep growing, but high rates look to curtail additional price surges moving forward
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FHFA to gather more feedback to ease switch to new GSE credit score requirements
Agency seeks more stakeholder feedback regarding implementation of new credit score models, credit report sourcing
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Homeowners lose equity annually but see gains quarter over quarter
Collective equity drops more than $287 billion from Q2 2022, but vaults by over $800 billion from winter to spring
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Industry Watch: UWM upgrades credit check program and more
PennyMac and RoundPoint Mortgage have announced that customers’ personal information may have been exposed in a data breach. Software vendor Sovos Compliance alerted the two companies of a “vulnerability” in its MOVEit file transfer program resulted in unauthorized access to customers’ private data, potentially including names and Social Security numbers. Due to the breach, Sovos […]
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Freddie Mac CEO DeVito to step down early next year
Longtime mortgage industry executive took over helm of government-sponsored enterprise in 2021
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Notable mortgage industry additions and promotions, September 4-8
The Mortgage Bankers Association (MBA) has announced that George Rogers has joined the association as vice president of legislative affairs. In this role, he will be responsible for advocating on behalf of MBA’s legislative and policy priorities on Capitol Hill, with a primary focus on Republican members of the United States Senate. He arrives at […]
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San Francisco leads U.S. in share of homeowners selling at loss
Most home sellers nationwide still making profit, but some cities see uptick in sales for loss
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Are monthly mortgage payments above $2,000 the new normal?
Average principal and interest payment hits highest level ever in July
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Vast majority of home seekers — especially young ones — mindful of climate risks
But not enough to move to less risky areas, according to Zillow study
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