Fannie Mae optimistic that mortgage rates will dip below 6% by year-end

Fannie Mae has a rosy outlook for mortgage rates. The government sponsored enterprise is projecting that rates will drop below 6% by the end of 2024, which in turn will boost refi volumes and help thaw the existing home sales market. Following years of volatility in mortgage rates, the housing marke
Read MoreReducing risk: How mortgage, title and real estate companies can build cyber resilience

The rash of recent mortgage and title industry data breaches serves as a sobering reminder of the paramount importance of cybersecurity. In this first installment of our reducing cyber risk series, let’s explore a crucial facet of cybersecurity: bolstering resilience in your critical systems and ser
Read MoreJapanese builder Sekisui House to acquire MDC for $4.9B

Japanese homebuilder Sekisui House, Ltd. has struck a deal to acquire its U.S.-based peer M.D.C. Holdings, Inc. in an all-cash transaction that values the target at $4.9 billion, the companies announced Thursday. The acquisition turns Sekisui into the fifth largest homebuilder in the U.S as it expan
Read MoreQualia accuses title startup Settlor of stealing trade secrets

Closing software provider Qualia is accusing a former employee and startup title production software firm Settlor of stealing trade secrets.In a lawsuit filed on Tuesday in U.S. District Court in Denver, Qualia claims that its former senior manager of product at Resware Krista Myers, who is now a pr
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