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Mortgage

Hundred dollar bills
National

FTC Sends $3 Million to Homeowners in Mortgage Relief Case

June 14, 2026June 14, 2026 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission is distributing nearly $3 million in refunds to homeowners harmed by a mortgage relief scheme that federal regulators said falsely promised lower mortgage …

FTC Sends $3 Million to Homeowners in Mortgage Relief Case Read More

Home sale
National / Real Estate

Rising Mortgage Rates Weigh on Home Sales as Inventory Growth Slows

June 11, 2026June 9, 2026 - by Timothy Alexander

U.S. home sales and new listings both declined from year-earlier levels in May as mortgage rates climbed above 6.5%, a combination that signals continued pressure on the housing market despite …

Rising Mortgage Rates Weigh on Home Sales as Inventory Growth Slows Read More
Federal Trade Commission
National

FTC Wins Court Order Halting Alleged Mortgage Relief Scheme

June 7, 2026June 7, 2026 - by Maryann Pugh

WASHINGTON, D.C. — A federal court in California has temporarily shut down a mortgage assistance operation accused of collecting illegal upfront fees from financially distressed homeowners while falsely promising lower …

FTC Wins Court Order Halting Alleged Mortgage Relief Scheme Read More

Professional meeting with a senior man
National / Real Estate

U.S. Home Purchase Lending Falls to 12-Year Low as Affordability Pressures Mount

June 7, 2026June 6, 2026 - by Timothy Alexander

Residential mortgage originations declined in the first quarter of 2026, with home-purchase lending falling to its lowest level in more than a decade as elevated home prices and rising borrowing …

U.S. Home Purchase Lending Falls to 12-Year Low as Affordability Pressures Mount Read More
Newrez
Regional

Newrez Embeds Mortgage Guidance Inside ChatGPT

May 26, 2026May 25, 2026 - by Timothy Alexander

FORT WASHINGTON, PA — Newrez has launched a consumer-facing mortgage assistant inside OpenAI’s ChatGPT, positioning the lender among the first major U.S. mortgage originators to integrate proprietary underwriting guidance directly …

Newrez Embeds Mortgage Guidance Inside ChatGPT Read More

Foreclosure
National / Real Estate

U.S. Foreclosure Activity Extends Annual Climb in April

May 25, 2026May 24, 2026 - by Timothy Alexander

ATTOM is reporting that U.S. foreclosure activity rose again in April as lenders accelerated repossessions and foreclosure starts amid persistent affordability pressures and elevated borrowing costs that continue straining some …

U.S. Foreclosure Activity Extends Annual Climb in April Read More
Real estate
Real Estate

Chester County Home Prices Rise as Inventory Stays Tight

May 18, 2026May 17, 2026 - by Timothy Alexander

WEST CHESTER, PA — Chester County’s housing market accelerated sharply in April as rising inventory failed to keep pace with buyer demand, driving home prices higher and intensifying competition across …

Chester County Home Prices Rise as Inventory Stays Tight Read More

Pennsylvania Housing Finance Agency (PHFA)
Pennsylvania

PHFA Launches Deferred Down Payment Assistance Loan

May 9, 2026May 9, 2026 - by Timothy Alexander

HARRISBURG, PA — Pennsylvania Housing Finance Agency launched a new home purchase assistance program offering 0% interest loans with no monthly payments to help eligible homebuyers cover down payment and …

PHFA Launches Deferred Down Payment Assistance Loan Read More
Real estate
Real Estate

Chester County Home Prices Climb as Inventory Stays Tight

May 9, 2026May 8, 2026 - by Timothy Alexander

WEST CHESTER, PA — Chester County’s housing market remained one of the region’s most competitive seller’s markets in April, with low inventory, rising home prices, and fast-moving sales continuing to …

Chester County Home Prices Climb as Inventory Stays Tight Read More
Real Estate News
Real Estate

Chester County Home Prices Rise as Inventory Remains Tight in March

April 29, 2026April 27, 2026 - by Timothy Alexander

CHESTER COUNTY, PA — Chester County’s housing market remained a seller-driven environment in March 2026, with limited inventory pushing median home prices to $541,340, up 5.1% from a year earlier, …

Chester County Home Prices Rise as Inventory Remains Tight in March Read More

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