NAR calls for improvements to the qualified mortgage rule

The National Association of Realtors is calling on the Consumer Finance Protection Bureau to improve the qualified mortgage definition and government-sponsored entity patch, as well as support an extension before figuring out the long term solution. Continue reading

4 reasons your buyer clients need to purchase before 2020

Here are four ways to frame a conversation about homebuying with clients who are on the fence on whether they should act now or later. Continue reading

Offerpad wants to get buyers in a new house in 24 hours

Homebuying and selling startup Offerpad announced it’s testing two new pilot programs, set to debut later this year or early 2020. Offerpad Instant Own would allow buyers to move into Offerpad-owned homes in as little as 24 hours and Offerpad Buyer Boo… Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading

Average FICO scores hit all-time high

After years of steadily rising, the average FICO score in the U.S. has hit an all-time high of 706, the credit-reporting company announced this week. Continue reading

Fidelity National drops massive acquisition bid amid opposition

Fidelity’s attempt to buy Stewart Information Services fell apart after the Federal Trade Commission said it would oppose the deal. Continue reading

Zombies, fraud and opportunity: All the mortgage stats you might’ve missed

JPMorgan Chase Institute’s default rates associated with people who do and don’t have savings, Attom’s Q2 numbers on median opportunity zone home prices, MagnifyMoney’s retirement stats — as the summer comes to an end, here’s a roundup of some recent m… Continue reading

Zillow names new president of mortgage segment

Zillow executives acknowledged previously that the rollout of proprietary mortgage software was taking longer than expected. Continue reading

Trump admin proposes massive overhaul of FHA, Freddie and Fannie

The Trump administration Thursday released a long-awaited plan to overhaul the way the U.S. government helps homeowners. Separate guidance from the U.S. Department of Housing and Urban Development and the United States Department of the Treasury includ… Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading