VA Pauses Foreclosures for 6 Months The Department of Veterans Affairs has called a moratorium on foreclosures for veterans and servicemembers with VA-guaranteed loans until May 31, 2024. So reports NPR.
Lending

Lending (1437)

VA Pauses Foreclosures for 6 Months

The Department of Veterans Affairs has called a moratorium on foreclosures for veterans and servicemembers with VA-guaranteed loans until May 31, 2024. So reports NPR. Read more...

NAR's Lawrence Yun Sees Home Sales Rebounding in 2024

According to Lawrence Yun, chief economist at the National Association of Realtors, mortgage rates will fall in time for home sales to climb next year. So reports DSNews. Read more...

Pending Home Sales Rise to 12-Month High: Redfin

Price cuts, paying for closing costs and other concessions have helped drive home sales to their highest level in a year. So reports Money. Read more...

Rithm Capital Caps Sculptor Deal After Fight

Newrez parent Rithm Capital has wrapped up its acquisition of hedge fund Sculptor following months of rival offers, legal filings and other drama. So reports Bloomberg. Read more...

MMG's Bodnar: Inflation Going in the Right Direction

Bill Bodnar of the Mortgage Market Guide (MMG) discusses yield resistance, housing starts and comments on potential Fed activity in 2024. Read more...

MMG's Bodnar: A Crazy Week Last Week

Bill Bodnar of the Mortgage Market Guide discusses interest rates, Treasury yields, Fed chairman Powell's comments that sent the bond market haywire, and the labor market starting to crack a little bit.  Read more...

Freddie Mac Taps Lance Drummond as Board Chair

Freddie Mac has named Lance Drummond as the next chair of its board of directors. So reports DSNews. Read more...

Housing Affordability Falls to 39-Year Low: ICE

Home buyers have gone back to the 1980s, at least in terms of how little house they can afford, according to a new report by Intercontinental Exchange. So reports NEXT Mortgage News. Read more...

Mortgage Rates Dip for Second Straight Week

U.S. long-term mortgage rates have declined for two consecutive weeks after hitting a 22-year high in October. So reports the Associated Press. Read more...

Mr. Cooper Restores Some Systems After Disruptive Cyberattack

Mr. Cooper has brought at least some of its systems back online after a cyberattack that disrupted customers' access to its online payment portal for more than a week. So reports FOX Business. Read more...

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.