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NWMLS asks court to dismiss Compass’s antitrust suit
NWMLS claims that Compass wants to be a “free-rider” by taking advantage of MLS data without contributing its own listings.
FHFA’s Bill Pulte calls on Congress to investigate Fed Chair Powell
Pulte’s Wednesday morning statement comes after he called for Powell to resign on June 19 via several X posts.
Lower mortgage rates are driving refinance applications
The average loan size for a refinance application also increased to $313,700 after averaging less than $300,000 for the past six weeks
Trump reportedly explores overhaul of banking regulators
President-elect Donald Trump’s transition team is reportedly considering sweeping structural changes to bank watchdogs, which have the potential to impact the mortgage market.
UWM, Better join Fannie Mae’s controversial title insurance waiver pilot
UWM and Better have joined Fannie Mae’s pilot program that waives lender title insurance requirements for certain refinance transactions.
Home prices back near all-time highs
Home prices showed resilience in June as low supply drove demand in spite of high mortgage rates.
Single-family rent increases 3.3% year over year in June: CoreLogic
Single-family rents grew by 3.3% year over year in June, the lowest gain since autumn 2020
New listings take a hit, possibly due to higher mortgage rates
Higher mortgage rates this week and a dive in new listings might be corollated. Hopefully not, according to HW Media analyst.
