Law firm, trade groups petition Supreme Court to address New York foreclosure statute
A group of banking and mortgage associations is trying to get the U.S. Supreme Court‘s attention due to constitutional concerns about the state of New York’s Foreclosure Abuse Prevention Act (FAPA).Friedman Vartolo LLP announced on Monday that it has filed an amicus curiae brief with the Supreme Cou
Why mortgage purchase apps are on a 22-week growth streak
One of the most surprising pieces of housing economic data for 2025 is that purchase apps for the existing home sales market have shown 22 weeks of year-over-year growth. And that includes nine consecutive weeks of double-digit year-over-year growth in recent weeks. Normally, this would be a signifi
Armando Falcon on the FHFA’s move toward crypto mortgages
It’s been just over a week since Federal Housing Finance Agency (FHFA) Director Bill Pulte directed Fannie Mae and Freddie Mac to start preparing for the use of cryptocurrency in single-family mortgages.With limited guidance beyond the FHFA’s directive, mortgage originators and industry experts are
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