“The existing home sales data reflects momentum that was building earlier this spring, when buyers briefly benefited from improved affordability and greater purchasing power,” said Kamini Lane, CEO and president of Coldwell Banker Realty.

Frank Cassidy said that he’s resigning from his role as FHA commissioner to return to the private sector.

The Florida-based bank has agreed to sell its third-party originations channel to Mortgage Forward, part of the Great Lakes Credit Union family.

The Illinois Department of Financial and Professional Regulation says the lender used an unlicensed mortgage loan originator.

In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.

Onity revised the terms of its sale of home equity conversion mortgage servicing rights to Finance of America Reverse after receiving feedback from Ginnie Mae.

Bill Pulte will remain in his housing roles while serving in the new position.

Mike Weinbach was most recently president of Mr. Cooper Group, leaving the company shortly after it was acquired by Rocket Companies.

Bob Broeksmit, president and CEO of the Mortgage Bankers Association, is optimistic about Kevin Warsh’s appointment to lead the Fed.

Two Harbors said the structure of UWM’s offer is “fundamentally illusory and predatory,” noting that UWM’s stock price has been declining, among other issues.