Exploring Alternatives to Using Your 401(k) for Home Purchases
Before tapping into your 401(k) for a down payment, consider other financing options and consult with a financial advisor.
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Mortgage rates and lending news
Strategies to Ensure Your Home Sale Reaches Closing Successfully
Most home sales conclude successfully, but effective measures can further secure your sale from potential pitfalls.
Continue readingPennyMac's Dividend Ruling: A New Precedent for Fixed Rates beyond LIBOR
A recent court ruling affirms PennyMac's decision to maintain fixed dividends, reshaping potential market practices following LIBOR's phase-out.
Continue readingConnecticut Court Ruling Invalidates Foreclosure Sale Amid Timing Controversies
A Connecticut Appellate Court voided a foreclosure sale due to improper timing, emphasizing the importance of following appeals protocols in property transactions.
Continue readingUnderstand Your Home's True Value to Boost Your Move Strategy
Determining your home's actual worth is essential for homeowners considering a move, as built-up equity can offer significant advantages in today's market.
Continue readingMortgage Market Resilience: Lessons from 2008 on Navigating Uncertainty
Kevin Oto shares insights from starting Green Haven Capital in 2008, emphasizing adaptability and strategic value in today’s volatile mortgage market.
Continue readingFlorida Appeals Court Voids Foreclosure Title, Key Lessons for Servicers
A Florida court has invalidated a foreclosure title, emphasizing the importance of clear property descriptions for servicers in real estate transactions.
Continue readingHow Rising Mortgage Rates Could Enhance Housing Inventory Opportunities
Rising mortgage rates might be a catalyst for increasing housing supply, offering buyers more options in the current market.
Continue readingMaximizing Broker Insights: Navigating Education in a Shifting Market
Explore why now is the ideal time for mortgage brokers to prioritize education as the market faces challenges and shifts.
Continue readingUnderstanding the Current Dynamics of Mortgage Rates
Mortgage rates are influenced by the spread between the 10-year treasury yield and current economic conditions, suggesting limited potential for drastic declines.
Continue readingCourt Ruling Clarifies Debt Collection Standards for Mortgage Servicers
A recent New York appeals court ruling reinforces key principles in mortgage servicing and debt collection, impacting borrower claims against lenders.
Continue readingCHLA Advocates for Mortgage Reform Amidst Consumer Protection Concerns
CHLA has outlined key reforms for mortgage origination rules to enhance affordability and competition, while facing pushback from consumer advocacy groups.
Continue readingConsumer Response Shapes Future of Mortgage Disclosure Rules
The CFPB's recent call for comments on mortgage disclosure rules reflects industry concerns and diverging opinions on transparency and operational efficiency.
Continue readingRate Disparities Persist for Comparable Borrowers Amid Rising Home Prices
Research highlights significant mortgage rate disparities among similar borrowers, while home equity reaches new highs in July 2026.
Continue readingNew York Court Upholds Fannie Mae's Foreclosure Refiling Amid Legal Challenges
Fannie Mae successfully refiles a foreclosure against a Babylon homeowner after overcoming a previous dismissal, highlighting critical nuances in New York foreclosure law.
Continue readingUnderstanding the Benefits of a 20% Down Payment in Today's Housing Market
Many homebuyers are opting for a 20% down payment, leveraging equity and securing better mortgage terms amidst rising rates.
Continue readingBXP Secures $1.2 Billion Financing for Ambitious Midtown Office Development
BXP has obtained a $1.2 billion loan for its 930,000-square-foot office tower at 343 Madison Ave, set to transform Manhattan's skyline by 2029.
Continue readingNew York Court Ruling Reinforces Borrower Rights with $100,020 Fee Award Against 21st Mortgage
A New York court upheld a $100,020 fee award to a borrower, emphasizing the implications of reciprocity in lending agreements.
Continue readingAllegations of Improper Foreclosure in Washington Highlight Risks for Homeowners
A Washington homeowner claims improper foreclosure practices by Nationstar led to substantial losses, including her possessions valued over $200,000.
Continue readingNew York’s Foreclosure Abuse Law Halts Long-Standing Mortgage Claim in Brooklyn
New York's Foreclosure Abuse Prevention Act extinguishes a long-pending mortgage claim, reaffirming the tightened timelines for lenders.
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