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NAF reports data breach in California
New American Funding (NAF), a top-25 U.S. mortgage lender, notified California’s attorney general last week of a data breach involving one of its vendors.
Urban Institute says rise in FHA mortgage delinquencies isn’t a cause for concern
An Urban Institute report suggests that the uptick merely returns delinquency rates to 2017–2018 levels and does not pose a serious threat.
How will mortgage rates respond as tariffs and inflation loom large?
The long-term cost of a home loan remains above 7%, but the trendline is moving in a positive direction for consumers and lenders even after the Federal Reserve paused its rate-cutting cycle last week.
Rithm SPAC affiliate seeks to raise $200M for acquisition
A “blank check” company affiliated with Rithm Capital is looking to raise $200 million to acquire a financial services or real estate company.
Sagent’s mortgage platform, Dara, moves closer to full deployment
In February 2024, Sagent, a Warburg Pincus-backed fintech firm, announced the launch of its mortgage software platform, Dara. A year later, HousingWire checked in with the Dara team about what lies ahead.
DOJ: Offers of agent compensation ’should not be made anywhere’
At a status hearing on Tuesday for the Nosalek commission lawsuit, a lawyer for the Department of Justice said the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement represented “an improvement.” However, it remains unknown if the DOJ will file a statement of interest in the Sitzer/Burnett suit, as it did in […]
More listings see a price cut: Will home prices drop?
The most notable trend in U.S. housing data recently is that price reductions are on the way up, which means home-price growth is slowing.
Senators introduce bill to provide $70B in public housing funds
The coalition of senators seeks significant funding for public housing, with a goal of creating more positive public health outcomes
