Yahoo Finance
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Title premium volume fell 31% in 2023
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As existing home sales dropped to the lowest level it has seen in nearly three decades in 2023, title insurance premium volume also took a hit. In ...

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Mortgage demand continues to fall as rates soar
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Mortgage demand dipped last week as mortgage rates reached their highest levels since November 2023. Applications decreased by 2.3% on a seasonally ...

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The Texas-size problem with housing inventory figures
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More than 556,000 single-family homes were available for sale nationwide as of last Friday, according to the latest data from HousingWire sister ...

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Fannie Mae profits grow to $4.3B in Q1 2024
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Despite the struggles of its independent mortgage bank counterparties, Fannie Mae delivered $4.3 billion in net income during the first quarter of the ...

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Connecticut Legislature approves bill aimed at aging-in-place improvements
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The Connecticut Legislature has approved a bill requiring the agencies that employ home health aides and other professionals to provide more ...

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Title insurance executives are confident the Biden proposals won’t come to much
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Rising mortgage rates and a slower housing market than anticipated contributed to the weaker financial performance of the title segments of some of the ...

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Michigan attorney general reissues reverse mortgage consumer alert
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The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month. The ...

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HomeServices settles commission lawsuits for $250M
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HomeServices of America, the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case, has agreed to pay $250 ...

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DOJ charges one of America’s top LOs in alleged mortgage fraud scheme
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Two former New Jersey-based mortgage loan originators have been charged with conspiracy to commit bank fraud by the U.S. Attorney’s Office, District of ...

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Pennymac posts first-quarter profit of $39M
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Pennymac Financial Services earned a profit of $39.3 million in the first quarter of 2024, the California-based multichannel lender and servicer ...

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What are the potential home equity and tax strategies for wealthy seniors?
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Seniors could choose to employ home equity through a reverse mortgage or other equity-tapping product to manage a series of expenses in retirement, but ...

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FTC bans noncompete clauses nationwide
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The Federal Trade Commission (FTC) announced on Tuesday a decision to ban noncompetes nationwide, aiming to stop the practice of preventing a worker ...

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