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State Farm and Allstate have filed plans that could reopen limited new homeowners insurance business in California, but neither company is broadly accepting new applications yet and both moves remain subject to state review. Continue Reading ...


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HUD plans to auction roughly 4,200 due-and-payable HECM loans with about $1.3 billion in unpaid balance, all secured by vacant residential properties, on Oct. 27. Continue Reading HUD Lines Up $1.3 Billion Sale of 4,200 Vacant Reverse-Mortgage Lo...


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Cavco will debut the Grande Arbor, which it says is the first HUD-code manufactured home built without a permanent steel chassis after Congress eliminated the long-standing chassis mandate this summer. Continue Reading Cavco Builds First HUD-...


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United Wholesale Mortgage says approximately 25% of borrowers in its pipeline are seeing a more advantageous credit result with VantageScore 4.0, with the lender projecting that share could reach two in five by the end of September. Continue Rea...


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Redfin says pending U.S. home sales fell 3.5% week over week during the four weeks ending Sept. 13, reaching their lowest level in nearly three years as higher borrowing costs weigh on demand even while buyers gain negotiating leverage. Con...


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