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Loans

Home sale
National / Real Estate

U.S. Home Sales Defy Downturn: Mortgage Rate Shifts Spark Surprising Market Rebound

October 8, 2024October 7, 2024 - by Timothy Alexander

SEATTLE, WA — Recent data from Redfin indicates that U.S. pending home sales have remained stable compared to the previous year during the four weeks ending September 29. This marks the …

U.S. Home Sales Defy Downturn: Mortgage Rate Shifts Spark Surprising Market Rebound Read More

Real estate
National / Real Estate

Sky-High Down Payments Hit Homebuyers’ Wallets: A Record-Breaking Shockwave

September 3, 2024September 2, 2024 - by Timothy Alexander

SEATTLE, WA — In June, the typical down payment for U.S. homebuyers reached a new record of $67,500, marking a 14.8% increase from $58,788 the previous year, according to a recent …

Sky-High Down Payments Hit Homebuyers’ Wallets: A Record-Breaking Shockwave Read More
Real Estate
National / Real Estate

Decline in U.S. Mortgage Payments Sparks Renewed Buyer Interest

August 26, 2024August 26, 2024 - by Timothy Alexander

SEATTLE, WA — In a surprising shift, the median U.S. monthly mortgage payment has dropped to $2,587 for the four weeks ending August 18, marking its lowest point since February. …

Decline in U.S. Mortgage Payments Sparks Renewed Buyer Interest Read More

Real estate
National / Real Estate

Investor Purchases of U.S. Homes See Significant Increase in Q2 2024

August 22, 2024August 19, 2024 - by Timothy Alexander

SEATTLE, WA — Investor activity in the U.S. housing market is on the rise, according to a new report from Redfin, the technology-driven real estate brokerage. Investor purchases of homes increased …

Investor Purchases of U.S. Homes See Significant Increase in Q2 2024 Read More
Home buying
National / Real Estate

Redfin Report Highlights Evolving Housing Market Trends

August 22, 2024August 19, 2024 - by Timothy Alexander

SEATTLE, WA — The latest report from Redfin reveals a nuanced picture of the current housing market. As of the four weeks ending August 11, the typical buyer’s monthly housing …

Redfin Report Highlights Evolving Housing Market Trends Read More

Funds
Pennsylvania

Attorney General Announces Restitution for Consumers Affected by Unlawful Lending Practices

August 13, 2024August 13, 2024 - by Maryann Pugh

HARRISBURG, PA — Attorney General Michelle Henry has announced that nearly 6,500 consumers who did business with Progressive Leasing or Community Loans of America have started receiving restitution checks. The …

Attorney General Announces Restitution for Consumers Affected by Unlawful Lending Practices Read More
US Small Business Administration (SBA) 
National / Small Business

SBA Launches New 7(a) Working Capital Pilot Program

August 12, 2024August 11, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) recently announced that SBA 7(a) lenders may now begin accepting applications for the newly-introduced 7(a) Working Capital Pilot (WCP) Program. This …

SBA Launches New 7(a) Working Capital Pilot Program Read More

Real estate
National / Real Estate

2024 U.S. Housing Market: Surging Equity and Declining Underwater Mortgages – A Comprehensive Report

August 6, 2024August 5, 2024 - by Timothy Alexander

IRVINE, CA — ATTOM has released its second quarter 2024 U.S. Home Equity & Underwater Report, revealing that nearly half of mortgaged residential properties in the United States are now …

2024 U.S. Housing Market: Surging Equity and Declining Underwater Mortgages – A Comprehensive Report Read More
Home sales
National / Real Estate

U.S. Home Sale Prices Hit Record High Despite Cooling Market

July 16, 2024July 15, 2024 - by Timothy Alexander

SEATTLE, WA — The median U.S. home-sale price soared to an all-time high of $397,482 in the four weeks ending July 7, marking a 4.7% increase from the previous year, …

U.S. Home Sale Prices Hit Record High Despite Cooling Market Read More
US Department of Housing and Urban Development (HUD)
National

HUD Expands Language Access for FHA Mortgage Documents

July 9, 2024July 8, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a move to enhance accessibility, the U.S. Department of Housing and Urban Development (HUD) has announced the availability of translated versions of 19 single-family mortgage documents …

HUD Expands Language Access for FHA Mortgage Documents Read More

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