First-quarter new-home sales revised upward, but March figures take tumble

Reading Time: 2 minutesNew single-family home sales in March came in at a seasonally adjusted annual rate of 763,000, a sta… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Realtor.com: Home prices starting to fall in some markets

Reading Time: 2 minutesThe upward march of U.S. home prices during the COVID-19 era has seemed to be virtually unstoppable,… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
The Big Point of Sale’s VanFossen: Let each originator tailor their borrowers’ web experience

Reading Time: 5 minutesMatthew VanFossen, CEO of Absolute Home Mortgage Corp. (AHMC), smiled as he posed a very important q… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Guaranteed Rate adds Spanish website features, CMG creates new branch and more
Reading Time: < 1 minuteArc Home LLC is now offering its proprietary Access Non-QM and Elite QM Non-Agency products to selec… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Commercial deal volume posts healthy first quarter as office activity shows strength

Reading Time: 2 minutesThe first quarter of 2022 saw commercial property sales rise at strong rates from the same period on… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, April 18-22
Reading Time: 2 minutesFlagstar Bank named Jim Linnane as president of Flagstar’s distributed retail mortgage division… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Existing-home sales fall for second straight month in March

Reading Time: 2 minutesU.S. existing-home sales dropped 2.7% monthly and 4.5% annually in March to a seasonally adjusted an… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
New forecast calls for commercial mortgage lending to stay the course in 2022

Reading Time: < 1 minuteCommercial and multifamily mortgage lending totals in 2022 are set to look much the same as they did… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHA introduces 40-year loan modification for pandemic-induced hardships

Reading Time: 2 minutesTo assist as many borrowers as possible who are behind on their mortgage payments due to the COVID-1… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Builder confidence down for fourth consecutive month

Reading Time: 2 minutesBuilder confidence in the new-home sales market dipped for the fourth month in a row, according to W… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in