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US pending home sales see biggest gain since September 2024

Pending sales of US existing homes had their strongest gain in nearly two years in May, sustaining a slight rally in the beleaguered home resale market. Processing Content Contract signings rose 3.8% to 76.8 last month, according to National Association of Realtors data released Wednesday, a faster pace than all estimates in a Bloomberg survey. […]

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Think Home Prices Will Crash? Here’s What the Experts Actually Expect.

One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down. And nobody wants to overpay or buy right before values drop. But here’s the question worth asking: What if the crash you’re waiting for isn’t actually coming? Because that’s what the latest

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California Attorney General Rob Bonta

Judge guts industry challenge to zombie seconds law

Mortgage stakeholders in California say they have few options to contest a new state law regarding zombie seconds, after a federal judge quashed their legal challenge this month.  Processing Content The California Mortgage Association led a coalition of lenders and other mortgage businesses last October in challenging Assembly Bill 130, which defines specific lienholder conduct

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