Planet Home Lending Taps Vincent Ortiz as Florida Area Sales Manager
Vincent Ortiz has joined Planet Home Lending as area sales manager for the company’s Southeastern footprint.
Ortiz has nearly 25 years of mortgage industry experience....
ATTOM: Share of ‘Equity-Rich’ Homes Increased in Q2
After falling for three consecutive quarters, the share of “equity-rich” homes increased to 47.4% in the second quarter, up from 46.2% in the first...
Why Mortgage Servicers Need a Closed-Loop Payment System Against Evolving Fraud
The digital age, while bringing unparalleled efficiency, has also ushered in an era of increasingly sophisticated financial fraud. For mortgage servicers, who handle vast...
First American: Home Prices Not Likely to Crash Like They Did in 2008
If you think home prices nationwide are going to decrease significantly in the months to come, you better think again: A report from First...
Cotality: Home Price Appreciation Continued to Slow in May
U.S. home prices increased 0.5% on an adjusted basis in May compared with April and were up 2.3% compared with May 2024, according to...
July Jobs Report ‘Well Below Consensus Estimates’
The U.S. labor market weakened in July, adding only 73,000 jobs, far lower than expected, however the unemployment rate remained flat at 4.2%, according...
Pending Home Sales Decreased Slightly in June
Pending home sales decreased 0.8% in June compared with May and were down 2.8% compared with June 2024, according to the National Association of...
First American Adds Generative AI Tool to AgentNet Platform
First American Title has launched its AgentNet Assist Generative AI tool, which enhances productivity for title agents.
The addition of this tool means industry-leading underwriting...
Senate Banking Committee Unanimously Passes the ROAD to Housing Act
The Senate Banking Committee today unanimously passed the Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025, which aims to increase...
Friday Harbor Taps Chris Simms, Gregory Buehler for Their ‘Deep Domain Knowledge’
Chris Simms has joined Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, as head...
Jon Dovidio: Title Fraud is on the Rise and AI is Playing a Role
PERSON OF THE WEEK: Although by no means a silver bullet, new legislation recently signed by Tennessee Gov. Bill Lee marks another step forward...
New Home Sales Rebounded in June But Indicate Market Weakness
After dropping nearly 14% in May, new home sales eked out an increase in June, rising 0.6% month-over-month to a seasonally-adjusted annual rate of...
Mortgage Rates Basically Flat This Week
Mortgage rates barely budged this week, with the average rate for a 30-year dipping slightly to 6.74%, down from 6.75% last week, according to...
Existing-Home Sales Decreased 2.7 Percent in June
Existing-home sales in June were at a seasonally adjusted annual rate of 3.93 million, a decrease of 2.7% compared with May and flat compared...
Zillow: Inventory of Homes for Sale at Highest Level Since 2019
The number of homes available for sale in the U.S. surged to 1.36 million in June, the most since November 2019, according to Zillow.
Thats...
Housing Starts Increased in June Driven by Multifamily Construction
Housing starts in June were at a seasonally adjusted annual rate of 1.321 million, an increase of 4.6% compared with May but down 0.5%...
MBA: Applications for New Home Purchases Sank Month-Over-Month in June
Applications for mortgages for new home purchases decreased 4% in June compared with May but were up 8.5% compared with June 2024, according to...
First American: Annual Home Price Appreciation in June Slowest Since March 2012
U.S. home prices decreased 0.1% in June compared with May but were up 1.7% compared with June 2024, according to First American’s latest House...
Foreign Buyers Purchased $56 Billion Worth of U.S. Homes During Past Year
Foreign buyers purchased a significantly higher percentage of U.S homes during the 12-month period ended March 2025 compared with the previous 12-month period, a...
ICE: Annual Home Price Growth at Slowest Pace in Two Years
U.S. home prices increased 0.3% in June compared with May but were up only 1.3% compared with June 2024, the slowest annual growth rate...