Pending home sales rode the low-rate wave in September, continuing an upward trend. #realestate #lending #mortgagenews
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The latest news on the mortgage and housing industries.
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Updates
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Mortgage applications remained mostly flat last week as rates rose again ahead of the election. #lending #housing #mortgagenews
Applications Flat At Rates Reach 6.73% - The Mortgage Note
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With over 40 locations in 70 markets across the United States, the CEO of Renovation Sells has found success in franchising his business model. #construction #realestate #mortgagenews
Renovation Sells Finds Success With Franchise Model - The Mortgage Note
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Lawyers for UWM moved again to dismiss a class action lawsuit alleging that consumers were duped into overpaying for their loans. Editor Kimberley Haas has the story. #realestate #lending #mortgagenews
UWM Submits Second Motion To Dismiss In Class Action Lawsuit - The Mortgage Note
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FICO has unveiled a new credit analysis tool for mortgage professionals as it comes under scrutiny over potential price increases. #credit #lending #mortgagenews
FICO Unveils New Credit Analysis Tool - The Mortgage Note
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Mortgage rates jumped again last week due to a strong economy and less certainty around cuts from the Central Bank. #lending #realestate #mortgagenews
Rates Jump 10 BPS From Last Week, Reaching 6.54% - The Mortgage Note
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New construction saw a boost in September while existing home sales went down. #construction #housing #mortgagenews
New Construction Sales Soared, Existing Sales Down In September - The Mortgage Note
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Rob Zimmer, director of external affairs at Community Home Lenders of America, writes that the Fair Isaac Corporation (FICO) is a monopoly that has cornered the mortgage industry. #realestate #lending #mortgagenews
Op-Ed: The Credit Scoring Cartel That’s Cornering The Mortgage Industry - The Mortgage Note
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Guild Mortgage has partnered with eHome America to offer a new down payment and closing cost assistance program. #housing #lending #mortgagenews
Guild, eHome America Offer Homebuyer Education Program - The Mortgage Note
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Mortgage applications continued their downward spiral last week as rates scared some potential shoppers off. #interestrates #lending #mortgagenews
Applications Spiral, Rates Don't Budge - The Mortgage Note
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