Mortgage Applications Rise as Monthly Rates Reach Lowest Point in Months
Mortgage applications rose by 2.8% as borrowers took advantage of lower rates and improved inventory, despite a 21% drop from last year’s purchase applications.
David Havemeyer
David Havemeyer grew up in Cleveland and attended Ohio State University, where he earned a degree in Business Administration. Over the years, he has held key positions in both real estate and technology, including roles in property development, leasing, and tech integration for real estate operations. Now, as editor of est8r.com, he brings his expertise to provide valuable insights and updates for real estate professionals.
Brian Montgomery Urges Conservatives to Embrace Self-Sustaining HUD and FHA Programs
Former HUD official Brian Montgomery argues that Trump should embrace self-sustaining HUD and FHA programs, highlighting their fiscal efficiency and homeownership support.
FHA Mandates 36-Hour Cyber Breach Reporting Requirement for Lenders
The FHA has mandated that lenders report cybersecurity breaches within 36 hours, emphasizing timely notifications to protect HUD's systems amid rising threats.
Wells Fargo Expands Down Payment Grant Program to Empower Underserved Homebuyers
Wells Fargo expands its $10,000 down payment grant program to 12 new cities, enhancing access for low- and moderate-income homebuyers.
CFPB Proposes New Rules to Protect Consumer Data from Brokers’ Abuses
The CFPB's new proposal aims to regulate data brokers as consumer reporting agencies, enhancing protections for personal information amid industry pushback.
Cardinal Financial Launches Pioneering Mortgage-Backed Security with FICO Score 10 T
Cardinal Financial has launched a groundbreaking mortgage-backed security using FICO Score 10 T, enhancing credit assessments for VA loans and promoting veteran homeownership.
Spring Way Center Appeals Settlement Approval in National Realtors Commission Lawsuit
The Spring Way Center has appealed a settlement approval in a nationwide lawsuit against the National Association of Realtors, raising concerns over business practices and exclusions.
Prominent Los Angeles Landlord Neil Shekhter Passes Away at 60s
Neil Shekhter, a prominent Los Angeles landlord and real estate visionary, passed away at 61, leaving behind a legacy of resilience and entrepreneurial spirit.
Navigating Legal Challenges in Talent Transitions within the Mortgage Sector
The article explores the complexities of talent transitions in the mortgage sector, highlighting legal risks and strategies for successful mergers and acquisitions.
Greystar Pioneers Modular Housing to Transform U.S. Real Estate Landscape
Greystar unveils its first U.S. modular apartment complex, Ltd. Findlay, aiming to revolutionize housing with faster builds and reduced costs amid a housing crisis.