We deliver unique and insider coverage of the real estate and mortgage industries with insight, innovation, tips and information you won't find in the press.
The Office of the Comptroller of the Currency (OCC) and the Federal Reserve have begun asking banks in routine examinations to map out how they use AI in higher-risk areas, including lending, know-your-customer checks, and sanctions screening,
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Mortgage rates moved higher again this week, with the 30-year fixed-rate mortgage climbing to 6.52%, according to Freddie Mac's weekly Primary Mortgage Market Survey
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President Donald Trump moved to give the CFPB its first permanent director since returning to office, nominating Brian Johnson, a former agency insider with deep roots in Capitol Hill and the mortgage industry, to lead the bureau.
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Odeta Kushi of First American Financial and Sal Guatieri of Bank of Montreal say easing core inflation suggests the Federal Reserve is likely to stay on hold despite volatile energy-driven price pressures.
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Yury Shraybman at Innovative Mortgage Brokers notes that well priced homes are still moving quickly in his market, with competitive offers and steady demand driven largely by life events such as relocation, family growth and major life transitions.
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Matt Seguin at Cotality says mortgage fraud risk is falling overall, but undisclosed real estate debt and investment property lending remain elevated risk areas despite broader improvements.
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Inflation climbed sharply in May, pushing the Consumer Price Index to its highest annual reading in over a year and all but confirming that the Federal Reserve will hold rates steady at next week's meeting.
https://t.co/NaCjhm1Bat
New data from the Mortgage Bankers Association (MBA) showed that its Market Composite Index – which measures mortgage loan application volume – rose by 10.8% last week compared with a week prior, spurred by a big increase in refinance volume.
https://t.co/RudrF4gnHK
We are on the lookout for the next Firstmac Best Aggregator BDM awardee at the Australian Mortgage Awards 2026. Do you have someone in mind? Nominate now!
Nominations close on Friday, 3 July 2026.
Nominate here: https://t.co/Tt2724eCaQ
#AusMortgageAwards#MortgageExcellence
Russ Taylor, Founder of Russ Taylor Global, says decades of pent-up demand, rising household formation, and millennial buying power have failed to translate into higher lumber consumption, which has stayed near 50 billion board feet for nearly a decade.
https://t.co/UjZxVnqd9T
A court decision vacating a FinCEN real estate reporting rule is reigniting debate over the limits of federal regulatory authority.
https://t.co/k47sAHdL0Z
72 of 102 economists polled by Reuters this week believe the Fed will hold rates steady for the rest of the year, marking a growing consensus compared with earlier months when fewer than half of surveyed experts forecast a hold.
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National Association of Realtors chief economist Lawrence Yun said rising May home sales to 4.17 million show improving affordability and stronger mobility, noting first time buyers reached 35% and market activity is broadening despite higher rates.
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National Association of Mortgage Brokers President Kimber White warned that increasingly sophisticated scams are targeting homebuyers and stressed the importance of verifying all transaction details before sending funds.
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Selma Hepp of Cotality says evolving inflation pressures and reduced forward guidance from the Fed could increase volatility, urging a focus on rate ranges rather than expectations of sustained declines.
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Glen Weinberg of Fairview Commercial Lending highlights concerns over crypto volatility and systemic risk, arguing that lenders may face heightened exposure as Bitcoin and housing markets move in tandem during downturns.
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Two Harbors Investment Corp.’s board is continuing to urge stockholders to approve its proposed acquisition by CrossCountry Mortgage – but it’s keeping the door open to UWM’s bid, once again pushing back the decisive meeting to June 23.
https://t.co/kAFm9Jo6Hf
Bill Pulte of the Federal Housing Finance Agency has been appointed acting Director of National Intelligence while continuing to oversee Fannie Mae and Freddie Mac, a decision that coincided with declines in both companies' share prices.
https://t.co/8oszz7u8JX
Patricia Ammann of Redfin says many sellers are struggling to adjust to a market where buyers have greater negotiating power, while Lawrence Yun of the National Association of Realtors notes that buyers are taking longer to make purchasing decisions.
https://t.co/pX1xMaMWMo
New York City’s new pied-à-terre tax is expected to raise revenue from second homes valued at $5 million or more, with Melissa Cohn of William Raveis Mortgage saying prior tax changes have not meaningfully impacted luxury demand.
https://t.co/Pg7GqwBmPL