Existing home sales show year-over-year growth again
Existing home sales have shown year-over-year growth for two consecutive months, as mortgage rates have remained below 6.64% for the same period. However, let’s remember that the bar is very low for yearly growth. In fact, for many months, I’ve said that the reports coming out from June to October —
Planet Home Lending appoints John Adams as renovation leader
Planet Home Lending on Thursday announced the appointment of John Adams as retail renovation leader as the company seeks to enhance its home renovation expertise and unlock more housing opportunities for borrowers. Adams will focus on training and supporting Planet’s distributed retail loan originat
FHA extends servicer deadline for new loss-mitigation rules
The Federal Housing Administration (FHA) has extended the timeline for mortgage servicers to comply with the new loss-mitigation waterfall, according to a mortgagee letter issued Wednesday. While the provisions may be implemented by Oct. 1, they must be fully in place no later than Dec. 30, 2025, ac
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