Mortgage Applications Edge Higher Despite Elevated Rates
Mortgage applications posted a modest increase last week, though overall activity remained subdued by historical standards as borrowing costs held relatively steady. The Mortgage Bankers Association (MBA) reported a 1.0% increase in total application volume on a seasonally adjusted basis for the wee
Florida homebuyers sue Compass over $475 transaction fee
Homebuyers in Florida have filed a lawsuit against Compass challenging a transaction fee the brokerage charged them upon the close of their August 2024 home purchase. Filed on Tuesday in Palm Beach County, Florida circuit court by plaintiffs Jeff and Melissa Efron, the suit accused Compass of “unfa
New York AG charges suspect in alleged deed theft involving 92-year-old homeowner
New York Attorney General Letitia James has charged a Queens resident with allegedly stealing the Brooklyn home and savings of a 92-year-old woman with dementia, in a case highlighting how deed theft continues to strip home equity and housing security from elderly homeowners in New York City. On Thu
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