With housing affordability at an all-time low and accelerating consumer prices disproportionately affecting lower- and middle-income families, the Mortgage Bankers Association this week called on the White House and the Federal Housing Administration to reduce annual mortgage insurance premiums. In a letter addressed to the National Economic Council, the mortgage
Fitch Group, the parent of bond-rating firm Fitch Ratings, is acquiring a majority ownership stake in capital-markets fintech company dv01 — which provides data and analytics services to the structured-finance market. Terms of the deal were not disclosed. It is expected to close by the end of the third quarter, according to Fitch
California-based Point Mortgage Corporation has decided to shut down its wholesale business GoPointDirect and lay off employees to focus on retail lending, a top executive confirmed to HousingWire. “We have temporarily taken it down,” Johnny Margarini, president and CEO, said during an interview. “When business picks back up, we’ll revisit wholesale, but for now,
Home-equity lending is on a roll this year, with the combined volume of home-equity lines of credit (HELOCs) and traditional closed-end home equity loans up 47% from January to May of 2022, compared with the same period last year. Nearly $69 billion in HELOC credit limits and $27 billion in
Consumer prices in August rose slightly from July, all but ensuring the Federal Reserve will hike interest rates aggressively at its upcoming September meeting to tamp down inflation. Despite decreases in the indexes for airline fares, communication, and used cars and trucks, the Consumer Price Index (CPI) rose 0.1% from
Lending standards tightened in August amid a worsening economic outlook and signs of cooling in home-price growth. The mortgage credit availability index (MCAI) fell marginally by 0.5% to 108.3 in August from the previous month, according to the Mortgage Bankers Association (MBA). A decline in MCAI, benchmarked to 100 in
KBRA Analytics, an affiliate of Kroll Bond Rating Agency (KBRA), has acquired digital-information service Direct Lending Deals, which offers investors and loan originators coverage of deal data, news and analysis in the direct-lending sector. The acquisition will allow KBRA Analytics to offer its customers insights into the fast-growing $1 trillion direct-lending sector. DLD provides analysis,
We crunched the city’s property sales data to tally which single family homes and rowhouses sold twice within 120 days, going back to 2011.
ELLINGTON, CT — The following real estate transfers were recorded in the Ellington Town Clerk’s office through Sept. 9, 2022. Transactions which …
Real estate sales contracts were canceled at a higher rate in June than since the pandemic-related housing boom began: Nearly 15 percent of them …
The seller was Thai Investments LLC, which acquired the property in 2006 for $920,000. It was then a grocery store, and has since been used by …
Selling your home with a real estate agent? You’ll need a listing agreement. Learn what these contracts are and how they work to choose the right …
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial