The Mortgage Bankers Association (MBA) and the Community Home Lenders of America (CHLA) are urging Congress to revise proposed increases to fees on U.S. Department of Veterans Affairs (VA) home loans. The idea to raise fees was included in the Sharri Briley and Eric Edmundson Veterans Benefits Expansion Act of 2026, also known as H.R….
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The delinquency rate for mortgages on one- to-four-unit residential properties rose to a seasonally adjusted rate of 4.26% at the end of 2025, according to the Mortgage Bankers Association (MBA)’s National Delinquency Survey released Thursday. The rate was up 27 basis points (bps) from the previous quarter and 28 bps higher than a year earlier….
FSBO.com, one of the longest-running for-sale-by-owner platforms in the country, announced Thursday that it has been acquired by a new ownership group led by Mike Kortas, founder and CEO of NEXA Lending. The group’s strategic partners also include Brad Rice, CEO of real estate marketplace Homepie and CEO of Amerifund Home Loans. Terms of the…
The vast majority of floor trusses in homes are made with wood, at least in part due to its strength, light weight, cost efficiency and ease of installation. Engineers at the Massachusetts Institute of Technology are taking an alternative approach. The research team is exploring the use of another building material – one that they…