Home prices continued to rise in June even as softer demand dampened sales and kept homes on the market for longer. The median home sales price hit $399,633 for the four weeks ending July 6, according to Redfin, setting a new record. The prices are up 1% from the same time last year. But signs […]
Home prices hit new high as pending sales slip Read More »
Foundation Finance Trust 2025-2 (FFIN 2025-2) has issued five classes of notes totaling $329.23 million, collateralized by $332.55 million receivables. The RMBS notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company’s network of 13,240 dealers located in most of the 50 states. The dealers provide point-of-sale financing for
Foundation Finance Trust raises $329 million in RMBS Read More »
The Department of Housing and Urban Development has “effectively disband[ed]” the Biden-era interagency Property Appraisal and Valuation Equity initiative, the federal housing agency announced late Thursday. The department withdrew three mortgagee letters related to appraisal reviews, including the reconsideration of value process, it noted in its press release. These recessions were previously highlighted in an
HUD dissolves “woke” policies created by appraisal task force Read More »