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Related Articles
Luminate Bank is expanding its presence across the Midwest and central United States with the acquisition of First State Mortgage Services, the companies announced Thursday.Processing ContentAs part of the deal, 43 members of the First State Mortgage team will join the Minneapolis-based bank, including roughly 26 originators and CEO Rene...
2026-08-21
The leading mortgage trade group is downgrading its origination forecasts as rates are cutting into anticipated refinance volume. Processing ContentThe Mortgage Bankers Association is projecting $2.147 trillion in total originations for 1- to 4-family unit properties this year, it said Friday. That's a slight decline from the $2.163 trillion projection in...
2026-08-21
The tortuous, but ultimately successful, path to passage of the recent housing bill brought with it a noticeable slowdown in build-to-rent construction this year. Processing ContentBuilders broke ground on approximately 15,000 single-family BTR constructions in the second quarter. Volume came in "measurably" down from 18,000 units in the same three months...
2026-08-21
The number of foreclosure prevention actions by Fannie Mae and Freddie Mac continued to slow in May, dropping by 7.8% from the prior month.Processing ContentHowever, since the government-sponsored enterprises entered conservatorship in September 2008, total foreclosure prevention activity undertaken has now topped 7.4 million, the Federal Housing Finance Agency report...
2026-08-21












