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A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking whether the loans were sold to collections agencies in violation of a major legal settlement.  Processing Content In a request sent to the independent monitor responsible for oversight of the 2012 National Mortgage Settlement, Sen. […]

Existing-home sales in the US barely rose in November, as a recent moderation in price growth and mortgage rates motivated buyers at the margin. Processing Content Contract closings ticked up 0.5% to an annual rate of 4.13 million last month, according to National Association of Realtor figures released Friday. That was the highest since February

Mortgage brokers are optimistic about the year ahead, with many anticipating more business. Processing Content AD Mortgage’s Mortgage Professionals Pulse Report and 2026 Outlook found 57.6% of the more than 300 brokers surveyed said they felt motivated heading into the new year and 84.5% said they expect business to grow in 2026. “Partner feedback confirms