HUD publishes several changes to reverse mortgage handbook section
The U.S. Department of Housing and Urban Development (HUD) on Monday published a new version of its Single Family Housing Handbook 4000.1, which...
BHHS CEO Gino Blefari: ‘Doesn’t agree with it one bit’ about commission conspiracy
KANSAS CITY, Missouri — Courtroom proceedings in the Sitzer/Burnett commission lawsuit continued on Wednesday — after some drama — with HomeServices of America...
Total Expert, Polly purpose to assist a lender determine buyer alternatives sooner
Customer engagement platform Total Expert‘s customer intelligence and mortgage tech firm Polly‘s product and pricing engine (PPE) will help California-based lender Mountain West...
5 ways to provide overwhelming value to buyer clients
It’s a fact: Buyer-side commissions are no longer a guarantee and no longer an entitlement. You can’t just assume you’ll be receiving a...
Pending-home sales rise to highest level in a year in October: Redfin
U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a...
Fitch: Title revenue to rise 3% annually in 2024
Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024,...
Nonbanks profitability to decline in the coming quarters: Moody’s
Nonbank mortgage companies increased their profitability as a group in the third quarter of 2023, compared to the previous quarter, due to the...
Valverde appointed acting president of Ginnie Mae
Sam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae, was named as its acting president as of May 6,...
‘There will be bank failures,’ Fed chief tells lawmakers
In remarks made Thursday to the Senate Banking Committee this week, Federal Reserve Chair Jerome Powell said he expects some U.S. banks to...
No, Wall Street investors haven’t bought 44% of homes this year
Are big Wall Street investors really buying 44% of homes this year? The answer is no — not even close. Housing inventory is...
