Waterstone Mortgage Promotes Traci Husslein to SVP, Capital Markets
Traci Husslein has been promoted to senior vice president, capital markets at mortgage lender Waterstone Mortgage.
With the advancement, Husslein has also joined the Waterstone...
MBA: Mortgage Application Volume Falls to Start 2025
After dropping 21.9% during the final two full weeks of 2024, mortgage application volume continued to sink 3.7% during the week ended January 3,...
Freddie Mac Appoints James Whitlinger as EVP and CFO
James Whitlinger has been appointed executive vice president and chief financial officer (CFO) at Freddie Mac.
Whitlinger previously served as the company’s senior vice president...
CoreLogic: Home Price Growth Has Slowed During the Past Year
U.S. home prices increased 0.6% in November compared with October and were up 3.4% compared with November 2023, according to CoreLogic’s home price index....
Xactus Appoints Mike Brown as Chief Product Officer
Mike Brown has been appointed chief product officer at mortgage verifications solutions provider Xactus.
Brown previously served as the firm’s chief integration officer. He has...
Mortgage Trends in 2025: Expect the Unexpected
Clearly, 2024 was a challenging year for the mortgage industry. Although there was some hope at the start of the year that business would...
CFPB Sues Vanderbilt Mortgage & Finance for Setting Borrowers Up to Fail
Vanderbilt Mortgage & Finance, which originates loans for manufactured homes, is being sued by the Consumer Financial Protection Bureau (CFPB) for putting borrowers into...
MBA Promotes Jamie Woodwell to SVP of Commercial and Multifamily Policy
Jamie Woodwell has been promoted to senior vice president of commercial/multifamily policy and strategic industry engagement at the Mortgage Bankers Association (MBA).
Woodwell, who has...
Dark Matter Hires Brad Vasto as Chief Revenue Officer
Brad Vasto has joined loan origination software provider Dark Matter Technologies as chief revenue officer.
Vasto is joining the company just as Sean Dugan, the...
FHFA: U.S. Home Prices Continued to Rise in October, But More Slowly
U.S. home prices increased 0.4% in October compared with September and were up 4.5% compared with October 2023, according to the Federal Housing Finance...
Average 30-Year Mortgage Rate Rises to Nearly 7 Percent to Close 2024
Mortgage rates ended 2024 on a high note, as the average rate for a 30-year fixed-rate mortgage increased to 6.91% this week, up from...
Mortgage Application Volume Dropped During Last Two Weeks of 2024 as Rates Increased
Due to higher mortgage rates and seasonal patterns, mortgage application volume decreased 21.9% on an adjusted basis during the two weeks ended December 27,...
Case-Shiller: Home Price Appreciation Slowed in October
U.S. home prices increased 0.3% on an adjusted basis in October compared with September and were up 3.6% compared with October 2023, according to...
CFPB Sues Rocket Homes for Steering Borrowers to Rocket Mortgage
The Consumer Financial Protection Bureau (CFPB) is suing Rocket Homes for providing kickbacks to real estate brokers and agents to steer prospective borrowers to...
NAR: Pending Home Sales Rose 2.2 Percent in November
Pending home sales increased 2.2% in November compared with October and were up 6.9% compared with November 2023, according to the National Association of...
FHFA Directs GSEs to Improve Their Risk Management Frameworks Related to the Use of...
The Federal Housing Finance Agency (FHFA) recently released its 2025 Scorecard for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, establishing an array of...
Zonda: The Election, Builder Incentives Helped Boost New Home Sales in November
New home sales spiked following the November election, according to a report from housing market advisory firm Zonda.
In the report, 10% of builders said...
First American: Home Price Appreciation Flattened in November
U.S. home prices decreased 0.1% in November compared with October, signaling that home price growth may have fully flattened since the first time since...
ATTOM: Homeownership Was Less Affordable in the Fourth Quarter
Home affordability worsened in the fourth quarter, as home prices were higher on average compared with the third quarter, according to ATTOM’s latest U.S....
Mortgage Rates Increase to End 2024
Mortgage rates increased this week, as the average rate for a 30-year, fixed-rate mortgage reached 6.85%, up from 6.72% last week and up from...