Following news earlier this month that the U.S. Department of Veterans Affairs (VA) is moving to end the Veteran Affairs Servicing Purchase (VASP) program, the agency this week published a circular to outline the timeline for its closure.It features additional information about the planned end to VA

A new report released Thursday by Realtor.com ranks every state on their performance for housing affordability and homebuilding. It exposes significant regional disparities amid a nationwide shortage of more than 4 million homes.The report evaluates each state using weighted criteria tied to afforda

Jordan Bernbaum has been feeling anxious these last few weeks.“On the client end, they’re seeing the news and understanding the situation pretty well,” the NEXA Mortgage senior loan officer said. “On my end, it’s a stress-inducing emotional roller coaster of always worrying when I should be locking.

PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $76.3 million for the first quarter of 2025 after it posted revenue of $430.9 million.These numbers were down from the previous quarter’s figures of $104.5 million and $470.1 million, respectively.The California-based lender’s