Potential Home Sales Experience Largest Monthly Growth in a Year
Mortgage applications climbed in November, but will home sales accelerate throughout the end of the year? Mark Fleming, Chief Economist at First American, details the state of existing-home sales and [...]
Entitlement Insurance and Settlement Services A Monetary Trifle Among Mortgage Costs
A new study found that in the grand scheme of things, the cost of title insurance and related services make up such a minute amount of the cost of a [...]
Examining Entitlement Insurance, Settlement Services, and Life-of-Loan Costs
A new study found that, in the grand scheme of things, the cost of title insurance and related services make up such a minute amount of the cost of a [...]
Pending Home Sales Surge, But Closed Sales Lag Behind
In November, new listings jumped to their highest level since October 2022, while home prices also posted its biggest increase since the same time last year. Pending home sales also [...]
Report Spotlights Lending Inequities at Navy Federal Credit Union
The nation’s largest credit union—Navy Federal—has been found to have “the widest disparity in mortgage approval rates between White and Black borrowers of any major lender,” according to a CNN [...]
Cultivating Leadership in the Servicing Sector
James Braxton of Servbank explains how investing in your own workforce will produce better leadership, and enhance the overall customer experience. Source: DS News
Measure Introduced in the Senate to Prevent the Sale of Trigger Leads
Sens. Jack Reed and Bill Hagerty have introduced the bipartisan Homebuyers Privacy Protection Act, a bill that would end the sale of residential mortgage applicant information by credit reporting agencies. [...]
Commercial and Multifamily Mortgage Debt Grows in Q3
MBA reports that a slip in sales transaction and refi volumes has meant less new debt was extended in the third quarter. Source: DS News
Rent Prices Continue Their Decline
The median asking rent was down from last month, according to Realtor.com's November 2023 Rental Report, with rental supply outpacing demand in the West and South, causing prices to cool. [...]