Home-price growth sinks to lowest level since October: CoreLogic

Limited inventory and high mortgage rates continue to push home prices higher, but the pace of growth is starting to slow down.That’s according to the monthly home price index report from CoreLogic, which shows that U.S. home prices grew by 4.9% year over year in May. That was the lowest yearly rate
Read MoreWhat’s the DOJ’s endgame in NAR commission lawsuit settlements? Analysts weigh in

While many had hoped the Department of Justice’s interest in the real estate industry would wane with the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement, that is clearly not the case.In a message on Realtor Hub, a forum for NAR mem
Read MoreCFPB fair lending head to depart for Fannie Mae

Patrice Ficklin, who has served at the Consumer Financial Protection Bureau (CFPB) since the agency’s founding in 2011, will depart for Fannie Mae to serve as the government-sponsored enterprise’s fair lending officer. The news was first reported by American Banker.Ficklin has been a mainstay at the
Read MoreCFPB, FHFA release updated mortgage originations survey data

The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) this week released updated loan-level data collected through the National Survey of Mortgage Originations (NSMO), according to a joint announcement.The data provides “updated mortgage performance and credit
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