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HousingWireHousingWire Mortgage applications decreased 17% from one week earlier as mortgage rates surged, according to data from the Mortgage Bankers Association’s (MBA) weekly application survey for the week ending October 11, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 17% on both a seasonally adjusted…
Continue reading →HousingWireHousingWire Coldwell Banker Realty just made earnest money deposit payments much easier for real estate agents and homebuyers. Technology provider Payload is integrating with the brokerage firm, according to a recent announcement. With its new integration, Coldwell Banker Realty — a subsidiary of Anywhere Real Estate Inc. —can now process…
Continue reading →HousingWireHousingWire The nation’s most expensive neighborhoods are once again in coastal states. A recent report from real estate data provider PropertyShark ranked California, New York and Florida as the states with the most expensive ZIP codes in 2024. The report listed the 100 most expensive ZIP codes between Jan. 1…
Continue reading →HousingWireHousingWire Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama, metro area. The agreement, which was submitted for court approval, requires the…
Continue reading →HousingWireHousingWire The Mortgage Industry Standards Maintenance Organization (MISMO) is targeting January 2025 as the release window for reverse mortgage standards from its work group that is analyzing and developing the standards, according to a statement released Tuesday by Mortgage Cadence. “Interestingly, traditional forward mortgage lenders are beginning to take notice…
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