Archives
Johnson Introduces Bill to Encourage Property, Home Purchases in Indian Country
U.S. Representative Dusty Johnson (R-S.D.) introduced the Tribal Trust Homeownership Act to streamline the approval process for mortgages involving property on tribal trust land.
Mortgage Application Payments Increased 0.9 Percent to $2,112 in April
Homebuyer affordability declined further in April, with the national median payment applied for by purchase applicants increasing 0.9 percent to $2,112 from $2,093 in March. This is according to the
Commercial/Multifamily Borrowing Declines 56 Percent in First-Quarter 2023
Commercial and multifamily mortgage loan originations were 56 percent lower in the first quarter of 2023 compared to a year ago, and decreased 42 percent from the fourth quarter of 2022
MIAMI Realtors Partners with Milestones to Empower Members with Industry-Leading Homeowner Management
The MIAMI Association of Realtors (MIAMI) has partnered with Milestones Labs to equip MIAMI members with award-winning
MISMO Seeks Public Comment on Version 3.5 Property and Valuation Services Implementation Guide
MISMO®, the real estate finance industry's standards organization, today announced that it is seeking public comment
Biden’s Veto of Congressional WOTUS Resolution a Blow to Housing Affordability
Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., today issued the following statement after
IMB Production Profits Fall to Series Low in 2022
Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $301 on each loan they originated in 2022, down from an average profit of $2,339 per loan in 2021. This is according to the Mortgage Bankers
MBA Releases 2022 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
According to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association
Amata Raises Concerns About Massive New 777,000 Square Miles of NMS Around the Pacific...
Congresswoman Uifa’atali Amata is raising urgent concerns about President Biden’s initiation of an enormous new National Marine Sanctuary (NMS) for 777,000 square miles around the Pacific Remote Islands. She questions why the administration made no effort to discuss this issue with the Pacific delegations or to notify us even at the recent IGIA forum that such a drastic change to our way of life was even being considered.
Mortgage Application Payments Increased 4.9 Percent to $2,061 in February
Homebuyer affordability declined in February, with the national median payment applied for by purchase applicants increasing 4.9 percent to $2,061 from $1,964 in January. This is according to the
New Home Sales Remain Relatively Flat in February
Higher mortgage rates and home prices, as well as increased construction costs contributed to lackluster new home sales in February, but signs point to improvement later in the year.
Rep. Neguse Calls for Updates to Reverse Mortgage Foreclosure Guidelines for Victims of Major...
The Colorado Congressman is calling on the Federal Housing Administration (FHA) to make these changes after hearing
February New Home Purchase Mortgage Applications Increased 1.2 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2023 shows mortgage applications for new home purchases increased 1.2 percent
Revive wins the prestigious HW Tech100 Real Estate Award
Revive, the most complete presale home renovation solution for sellers, is a winner of the highly-coveted HW Tech100 Real Estate Award by HousingWire, the nation’s most influential source of news and information covering the multi-trillion dollar US housing and mortgage markets. The 2023 list of winners includes real estate's most innovative real estate companies and products.
NAR Will Host Policy Forum to Showcase 2023 Housing Priorities
On Thursday, March 16th at the Capital Hilton, in Washington, DC, the National Association of Realtors® will host a Policy Forum: The Current Housing Market: Implications for Homebuyers
U.S. Treasury grants Habitat for Humanity $600,000 CDFI Financial Assistance award
Habitat for Humanity’s community development financial institution, Habitat Mortgage Solutions, recently received a $600,000 Financial Assistance award from the U.S. Department
Milestones Announces Launch with RE/MAX Results to Deliver Homeowner Portals
Milestones Labs (Milestones), the all-in-one homeowner portal making it easier for consumers to buy, move, own, sell, manage and access mortgage services for their home, today announced
New Home Sales Up in January but Higher Rates Signal Further Weakness
Declining mortgage rates and home prices in January, coupled with home builders use of sales incentives, helped boost new home sales last month.
Mortgage Application Payments Increased 2.3 Percent to $1,964 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing 2.3 percent to $1,964 from $1,920 in December 2022.
NFHA Commends HUD’s Reduction of FHA Annual Mortgage Insurance Premium
Nikitra Bailey, Executive Vice President of the National Fair Housing Alliance (NFHA), issued the following statement following an announcement by the Department of Housing and Urban Development (HUD) that it will reduce the Federal Housing Administration (FHA)’s annual mortgage insurance premium (MIP).
