Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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Lennar valuation near tangible book puts margins in spotlight
The stock trades at about 1.05x tangible book after a 16% decline, with ROE most sensitive to margin shifts
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Housing market faces headwinds as mortgage rates move above 7%
Mortgage spreads continue to soften the blow amid Iran conflict
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DSCR loans are booming amid fragmented underwriting standards
After rampant fraud in Baltimore made headlines, underwriting guidelines and elevated fraud risks have the market on high alert
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August CPI shows sticky core inflation ahead of Fed meeting
Economists pointed to persistent services inflation as a factor that could keep borrowing costs elevated
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MLS of 2030 will be defined by who controls housing data
MLS architecture needs to become ready for a world in which machines increasingly interact with housing data
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Putting the ROAD Act into action faces a funding and HUD gauntlet
HUD must handle about 70% of 125 federal actions, rulemakings often take 18 to 24 months, and agency staffing is down more than 30%
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IRES MLS names Julie Dahl CEO, succeeding Jeff Bosch
Dahl, a 23-year IRES veteran, succeeds Jeff Bosch as he departs for Arizona Regional MLS
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The Agency hires Jim Lonergan to lead Midwest expansion
The longtime Anywhere Real Estate franchise growth executive will also oversee South Central U.S. sales and Canada
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MISMO board adds VantageScore, Guild and FICO leaders amid credit modernization push
Anthony Hutchinson of VantageScore, Gemma Currier of Guild Mortgage and Eric Lapin of FICO are the new board members
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Park Street Homes expands urban infill homebuilding model
Park Street blends standardized construction controls with reflective design for established neighborhoods and scattered lots







