As Expected, Mortgage Apps Bounce in Response to Rate Reversal
Mortgage application activity rebounded last week as a moderate decline in mortgage rates provided some relief for both homebuyers and homeowners considering a refinance. The Mortgage Bankers Association (MBA) reported a 3.6% increase in total application volume on a seasonally adjusted basis for th
Radian sells real estate services, plans title sale to PLACE
Radian Group has completed the sale of its real estate services business and agreed to sell its title insurance business to PLACE, marking a key step in the mortgage insurer’s shift into a global multi-line specialty insurer. The Wayne, Pennsylvania-based company said last Monday that it closed the
ARA expands advocacy, hires John Blount to lead lobbying
The American Real Estate Association (ARA) announced Friday that John Blount will serve as the Mauricio Umansky and Jason Haber-founded trade group’s chief lobbyist. Blount spent years as chief lobbyist for the National Association of Realtors (NAR), directing the association’s advocacy shop. He he
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