Former Ginnie Mae president applauds the development of new HMBS product

Former Ginnie Mae president applauds the development of new HMBS product

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of... Read more »
Former Ginnie Mae president applauds the development of new HMBS product

California commission suit alleges collusion in the City of Angels

Lights, camera, lawsuit! A copycat commission lawsuit has been filed in Los Angeles. The suit, known as Fierro, after its lead plaintiff Gael Fierro, a Californian home seller, accuses the real estate... Read more »
Former Ginnie Mae president applauds the development of new HMBS product

Mortgage apps uptick spreads optimism on a refi recovery

Mortgage rates at their lowest level in three weeks led to an increase in borrowers’ demand for home loans last week, spreading some optimism in the industry in the first few weeks of... Read more »
Former Ginnie Mae president applauds the development of new HMBS product

First American cyber incident expected to impact Q4 2023 financials

Big Four title firm First American Financial believes the cybersecurity incident it incurred on Dec. 20, 2023, will have material impact on its fourth quarter 2023 financial results, according to a document... Read more »
Former Ginnie Mae president applauds the development of new HMBS product

MBS market imbalance fueling higher rates

“If the market got the sense that [the GSEs] were back in that role, even on a limited basis compared to where they once were … and they could step in and... Read more »
Former Ginnie Mae president applauds the development of new HMBS product

UWM sunsets FindAMortgageBroker.com, rebrands to Mortgage Matchup

Top U.S. mortgage lender United Wholesale Mortgage (UWM) has rebranded its consumer-facing website FindAMortgageBroker.com to Mortgage Matchup. Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate... Read more »
Take cash to leave a rent-controlled apartment? People do in L.A.

Take cash to leave a rent-controlled apartment? People do in L.A.

In 2022, not long after a new owner bought the Highland Park rental home where Ana Lopez, 66, lives with her husband, the tenants began receiving offers to leave. At first it... Read more »

Luxury Meets Tranquility

Welcome to your dream home, where luxury meets tranquility. This popular Broadmoor plan has been modernized to become the ultimate desert retreat. With a recently expanded patio, this home is perfect for... Read more »
January homebuilder sentiment improves, following mortgage rate drop

January homebuilder sentiment improves, following mortgage rate drop

A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. Scott Olson | Getty Images Homebuilder sentiment improved in January, jumping 7 points to 44 on the... Read more »
Christie’s International Real Estate Expands Into Curaçao With Affiliate

Christie’s International Real Estate Expands Into Curaçao With Affiliate

The luxury brand’s Aruba affiliate, Bold Properties, has expanded into the Caribbean island of Curaçao as demand remains strong among buyers and investors in the wake of the pandemic. The verdict is... Read more »