FHFA data on non-performing loan sales reflects fewer delinquencies since pandemic

The Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data has shown a steady drop in mortgage delinquencies since the start of COVID-19 pandemic. “The [NPL] sales program

Side files preliminary injunction against Alexander brothers in wake of arrests

The criminal charges against the Alexander brothers are now affecting Side’s civil lawsuit against them. Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners, that seeks to prevent them from dissipating, hiding or moving collateral for a loan

Mortgage demand for new homes is slowing, but the market is still warm

Mortgage applications for new-home purchases increased 7.2% year over year in November, according to data from the Mortgage Bankers Association‘s (MBA) builder application survey that was released Tuesday. Applications decreased by 12% from October 2024. “Applications to purchase newly built homes h

More Starter Homes Are Hitting the Market

More entry-level homes – also known as starter homes – are popping up on the market.