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Inflation moves higher for third straight month, hits highest level since January
The delayed September CPI release shows that overall inflation rose to 3.0% in September, the third consecutive month of increases.
Existing home prices firmed up in September
Existing home sales show year-over-year growth as inventory stabilizes, with mortgage rates near 6% and improved market conditions.
Memo reportedly undercuts mortgage fraud allegations against Letitia James
Prosecutors reviewing the mortgage occupancy fraud case against New York Attorney General Letitia James determined there is evidence that undercuts the allegations against her, according to an ABC News report based on sources.
CFPB ends multiple lender consent orders, opens few new cases
Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases.
Giorgio Bertuol named president of sales at West Capital Lending
Bertoul joins West Capital Lending from loanDepot, where he served as the executive vice president of sales.
Mortgage rate shift turns fall into a ‘new spring’ for lenders
On Tuesday, HousingWire’s Mortgage Rates Center showed that 30-year conforming loan locks averaged 6.34% — just one basis point (bps) higher than a week ago but 11 bps lower than two weeks prior.
Trump administration plans deep cuts to homeless housing program
Critics argue that stricter requirements for aid and tying benefits to work or self-sufficiency standards could leave many with few options.
Estimated damages in Batton commission lawsuit come in at over $10 billion
For just four of 39 MLSs in question, an expert witness says damages in the Batton suit would be $3.6 billion
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