Pending home sales reach slowest pace in a decade

Pending home sales continued spiraling downward in April, a 3.9% decrease from a month prior, resulting in an index reading of 99.3, according to data released Thursday by the National Association of Realtors.

Politics and Money, Real Estate

When new home sales and housing starts begin to fall together, a recession is usually not far away. However, this report needs context.

Is a Lien Release just a "Lien Release"?

Having someone sell a lien release as a commodity or "just something you generate" is quite a liability to any company, both to the customers buying and those providing the service. Both sides need to truly understand what they are signing up for. Learn more!

Sponsored by Nationwide Title Clearing

Mortgage

Freddie Mac's asset and income modeler will now automatically verify borrower employment 10 days ahead of closing.

Politics and Money, Mortgage

The underlying methodology used to develop the final rule for manufactured housing energy standards are fundamentally flawed.

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Politics and Money, Mortgage

A Florida loan officer faces 30 years in prison for allegedly falsifying documents to help borrowers qualify for a loan, the DOJ contends.

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Politics and Money, Mortgage

Purchase mortgage rates averaged 5.1% Wednesday, continuing a downward trend, according to the Freddie Mac PMMS.

Mortgage, Opinion

Rates have been on the decrease since 1981. We've overworked the soil and now it's time to reset the industry.

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