REAL ESTATE

The MBA’s big push for lower FHA mortgage insurance premiums

Advocating for change Mortgage insurance is typically required for borrowers with a down payment of less than 20%, meaning that it is necessary for FHA

REAL ESTATE

Trump names Bessent as acting director of the CFPB

Initial reports had suggested that Zixta Martinez, the bureau’s deputy director, would be assuming the role of acting director. Instead, Trump named Bessent, an official

REAL ESTATE

PennyMac’s 2024 performance driven by strong servicing portfolio

Pretax income for the final quarter of 2024 was $129.4 million, up from $93.9 million in the prior quarter and a pretax loss of $54.2

REAL ESTATE

The LA wildfires are a reminder of the cost burden of reconstruction

California’s battles with several wildfires over the past few weeks has resulted in the destruction of more than 57,000 acres and 16,000 structures as of

REAL ESTATE

Newrez president Baron Silverstein on client retention and tech

Silverstein: It’s been a wild ride, but it’s also been fun. It’s been exciting. The mortgage industry continues to basically put up new challenges but also

REAL ESTATE

Struggling homeowners often don’t understand escrow

That finding comes from a survey released Tuesday by tax and flood services provider LERETA. The December Annual Escrow Awareness survey questioned 1,000 homeowners on

REAL ESTATE

All the ways the wildfires could make LA housing more expensive

This retreat will grow as a result of the Palisades and Eaton fires, as insurers adjust their risk models on ravaged parts of LA that

REAL ESTATE

Home-price growth is cooling, leading to appraisal challenges

Cleveland-based Corporate Settlement Solutions (CSS) released an analysis Thursday that highlights a growing gap between appraised home values and sale prices. Across the 19 East

REAL ESTATE

eXp must provide Gibson court with settlement negotiation docs

Although eXp World Holdings is hoping to move past the commission lawsuits thanks to the proposed nationwide settlement it negotiated with the Hooper suit plaintiffs

REAL ESTATE

December jobs report comes in stronger than expected

While the unemployment rate was up compared to the start of the year, the job market ended the year up, with 256,000 jobs added to