“From an affordability perspective, we think 2025 will look a lot like 2024,” Fannie Mae chief economist says, but with more inventory in Sun Belt states and parts of the Mountain West and Pacific Northwest. Continue reading
The cloud banking software provider is finishing up the year with a bang, announcing a partnership with a leading loan servicer and recruiting PlanSource veteran Srini Venkatramani as the company’s new head of product. Continue reading
Trade group for title insurers complains federal regulators are disregarding the views of lawmakers in allowing program to move forward on eve of a second Trump administration. Continue reading
Order Insights helped protect over 130,000 files in November by validating transaction data, notifying title agents of discrepancies and identifying other potential fraud indicators. Continue reading
The latest Consumer Price Index reading is in line with expectations, but progress in fighting inflation has stalled. Forecasts for a slower pace of easing next year might keep mortgage rates above 6 percent. Continue reading
Los Angeles Police Federal Credit Union (LAPFCU) expands its service area and membership base to include municipal, county, state and federal law enforcement agencies in 10 counties Continue reading
Ohio-based credit union service organization (CUSO) partners with mortgage technology providers to help credit unions originate, underwrite and service conventional and government-backed mortgages. Continue reading
While only 23 percent of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that’s up from 14 percent a year ago, when mortgage rates were near post-pandemic peaks. Continue reading
Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about two weeks after being sued by Connecticut’s Attorney General. Continue reading
Employers added 227,000 workers to their payrolls in November, but with 7.1 million Americans out of work the unemployment rate is back up to 4.2 percent. Continue reading