Guild Mortgage’s acquisition of Academy Mortgage Corp. is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in... Read more »
As the sluggish 2023 housing market retreats farther from view, new industry data points to reasons to be cautiously optimistic about the upcoming spring home-buying season.Thanks to lower mortgage rates as of... Read more »
When the California Housing Finance Agency offered no-interest, no-monthly-payment loans in the spring to help lower-income residents come up with a down-payment and fees to buy their first home, the entire budget... Read more »
The clock is ticking for mom-and-pop landlords in Los Angeles County seeking rent relief. Qualifying landlords in L.A. County have until Jan. 12 to apply for $68.6 million in rent relief to... Read more »
CBC Mortgage Agency – a federally chartered housing finance agency – will offer two temporary rate buydown features for its down payment assistance (DPA) program for Federal Housing Administration (FHA) loans. The... Read more »
In her first video appearance since the jury verdict in the Sitzer/Burnett commission lawsuit, National Association of Realtors president Tracy Kasper told NAR members that she shares their disappointment in the decision.... Read more »
The newly-updated Fannie Mae November Selling Guide now bars job offers or contracts for future employment from family members or interested parties involved in a transaction. “We revised our policy to make... Read more »
A Ray of Hope in the South Florida Housing Market In a housing market plagued by rapidly rising prices and interest rates, the dream of owning a home in Southwest Florida seemed... Read more »