New Venture Escrow has opened a new office in Los Angeles, expanding its operations into one of the nation’s largest real estate markets. The independent escrow company said the new location will be staffed by escrow officers Marcine Kline and Carmen Alvarado — two longtime professionals in the Los Angeles area. The duo brings decades […]
New Venture Escrow expands into Los Angeles Read More »
The future of the Federal Reserve‘s leadership is in limbo due to an investigation into current Fed Chair Jerome Powell that has prompted bipartisan backlash. Following the news about a Department of Justice (DOJ) probe into Powell, Sens. Thom Tillis (R-N.C.) and Elizabeth Warren of (D-Mass.) accused Trump of using the DOJ to pressure Powell
DOJ investigation clouds future of Fed chair nomination Read More »
Don’t stress out. If we ignore the past 5 days, today’s mortgage rates are still the lowest since early 2023. That said, they’re up a bit from last week and they moved moderately higher day-over-day. Last week’s news regarding Fannie and Freddie’s plans to buy $200 bln of MBS (the mortgage-backed securities that directly dictate
Mortgage Rates End Week at Highs Read More »
Freddie Mac increased its investment in multifamily housing by 17% last year. Processing Content The government-sponsored entity announced Thursday its multifamily production volume hit $77.6 billion in 2025, up from $66 billion in 2024 and $49 billion in 2023. Freddie supported more than 577,000 affordable rental units across the country last year. “Our focus in
Freddie Mac multifamily production volume passes $77 million Read More »
Shares of Fannie Mae and Freddie Mac extended days-long losing streaks amid mounting unease about the impact of President Donald Trump’s policy moves on efforts to release the mortgage-finance giants from government control. Processing Content Fannie and Freddie common stock both sank around 10% in Friday trading to the lowest intraday levels since late November,
Fannie, Freddie stock woes deepen as IPO questions mount Read More »
The Community Home Lenders of America has published a new list of reasons it views the effort it would take to transition to a single-bureau credit report option at the government-sponsored enterprises as outweighing benefits related to a potential reduction in expense. Processing Content “Costs will likely not be reduced — and could be increased,”
Lenders group flags risks in single-bureau credit plan Read More »
Al Drago/Bloomberg Processing Content Key Insight: Fed Vice Chair Michelle Bowman said labor market risks remain elevated and cautioned against signaling a policy pause as the central bank weighs its next moves. Expert Quote: “We should also avoid signaling that we will pause without identifying that conditions have changed. Doing so will indicate that we
Fed’s Bowman ‘continues to see downside risk’ to labor market Read More »
Investors are taking a larger share of home purchases, but new data shows the growth looks different than the political rhetoric suggests. Processing Content The investor share of single-family home purchases rose to the highest point in five years, according to the latest numbers CJ Patrick prepared for BatchData. Investor buying represented a 34% share
Investor single-family homebuying share hits five-year high Read More »
Confidence among US homebuilders unexpectedly fell in January, as costly sales incentives outweighed a recent boost from lower mortgage rates and the president’s housing proposals. Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo decreased 2 points to 37 in January, its first decline since August. That
Homebuilder sentiment falls for first time in five months Read More »
The outlook among home remodel companies sits at its highest in a year, with sentiment toward upcoming business prospects in positive territory in contrast with the homebuilding community. Processing Content Remodeling and renovation market sentiment improved to a seasonally adjusted score of 64 at the close of the fourth quarter, up from 60 three months
Remodeling businesses cite favorable prospects to start 2026 Read More »