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HUD says sharing crime, school data doesn't violate Fair Housing Act
2+ day, 7+ hour ago (618+ words) The U. S. Department of Housing and Urban Development sent a letter to real estate professionals to assure them they are not violating the Fair Housing Act when sharing information with potential homebuyers about neighborhood crime rates and school quality. Assistant Secretary…...
Ginnie Mae pauses delinquency rules amid FHA waterfall shift
5+ day, 5+ hour ago (477+ words) Government mortgage-backed securities guarantor Ginnie Mae announced that it's changing how it will be tracking delinquencies in monthly issuer reporting to account for impacts from a rule update. To address the uptick in a large number of older loans entering…...
D. R. Horton, NVR, Taylor Morrison, M/I Homes earnings recap for mortgage lenders
1+ week, 8+ hour ago (1095+ words) Mortgage banking units operated by major U. S. homebuilders saw their pre-tax income slide for the period ended March 31, reflecting the significant year-over-year declines in net income for the period ended March 31 was reported at a quartet of U. S. homebuilders. Some analysts are…...
HUD, USDA kill energy rule builders called a barrier
5+ hour, 44+ min ago (622+ words) The Department of Housing and Urban Development and Department of Agriculture are rescinding a Biden administration-era policy that they say added up to $31, 000 to the cost of new homes. President Joe Biden issued a final rule in 2024 that required newly…...
2026's Top Producers: numbers 100-51
17+ hour, 1+ min ago (342+ words) Check out the next set of names in the 28th edition of National Mortgage News' Top Producers survey, including on how they approach purchase business....
Mortgage vet: 2026 will be 'a very tough year'
17+ hour, 1+ min ago (761+ words) Brian Hale, CEO of Mortgage Advisory Partners, warns of overcapacity, rising rates and AI-driven disruption forcing consolidation across the lending industry....
Impac describes its debt, downfall in bankruptcy filing
1+ day, 6+ hour ago (576+ words) The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis....
Cross Country ups Two Harbors bid after new UWM proposal
1+ day, 5+ hour ago (86+ words) Cross Country increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20....
State exams are becoming a revenue exercise
17+ hour, 1+ min ago (516+ words) The next step is a public fine from a single state'sometimes in the millions'with little advance warning or clear methodology beyond "large enough to sound serious." Other states then anchor to that number. Penalties start to matter more than identifying…...
Inflation outpaces home-price growth for 9th straight month
1+ day, 14+ hour ago (555+ words) Although mortgage rates dipped below 6% in February for the first time since 2022, home-price growth continued to slow, two new industry reports found. More than half of the major metropolitan markets in the United States posted year-over-year price declines in February,…...