New home sales grow in July, defying increasing rates
Last month’s sales pace up a whopping 31.5% year over year
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MBA, CBA call for consistency, flexibility regarding AVM regulation
Too much oversight could stifle potential of automated valuation models, groups say
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Existing home sales slide again in July as inventory, rates hold back buyer activity
Since February sales spike, resales have improved just once — slightly — in five months
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Residential investors stay involved as second-quarter market share essentially unchanged
‘No sign that the share will fall back to its pre-pandemic level,’ according to CoreLogic
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Negativity remains subdued, but outlook mixed in latest MOSS results
Less than half of Top Originators expect business to get better in next six months
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Industry Watch: Doma sells Florida title operations and more
A federal jury has awarded shareholders of Fannie Mae and Freddie Mac $612.4 million in damages after ruling that the Federal Housing Finance Agency acted “arbitrarily or unreasonably” in carrying out the “net worth sweep” that pushed the government-sponsored enterprises’ full profits to the Treasury Department in 2012. BankFirst Financial Services has announced the opening […]
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Notable mortgage industry additions and promotions, Aug 14-18
Black Knight has announced that Lucie Fortier has been named executive vice president of the company’s MLS Solutions group under Black Knight’s Data & Analytics division. In her new role, Fortier will develop strategy and oversee development, sales and client support for this team, which is focused on delivering premier solutions and support to the […]
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Single-family starts grow in July, but rising rates loom as crucial headwind
Weak resale supply fuels 9.5% annual gain in single-family construction
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Commercial and multifamily originations down 53% year over year in second quarter
Growing cost of capital fuels plunge from strong Q2 in 2022
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GSE investors get rare win as federal jury awards $612.4 million in damages
Jury sides with shareholders of Fannie and Freddie regarding profits taken by Treasury in ‘net worth sweep’
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