Why Hometap is betting on the growth of the home equity investment market
Based on the notion that far too many U.S. homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way...
Reverse mortgage volume, HMBS issuance fall slightly in January
With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off...
Investment property lender Kiavi closes $300M securitization
Kiavi, one of the nation’s largest private lenders for residential real estate investors, closed a $300 million unrated securitization of residential transition loans...
New home sales disappoint in October, prices fall
New home sales fell on a month-over-month basis in October, but continued to outpace last year’s levels. Meanwhile, low supply and high mortgage...
CFPB’s Chopra addresses mortgage issues in House oversight hearing
The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining...
NAR CEO back on stand for second day of defense testimony in commission lawsuit...
KANSAS CITY, Missouri — National Association of Realtors CEO Bob Goldberg was back on the stand Tuesday morning at the start of the...
Offerpad, Anywhere team up to expand iBuyer’s reach
Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer‘s services nationwide, according to an announcement on Thursday.
Offerpad operates in...
New York-based Corcoran affiliate acquires independent brokerage
Corcoran Baer & McIntosh, a franchisee of Corcoran Group based in New York City, acquired New Jersey-based Woodward Realty Group, the companies announced...
Existing home sales waned in September: NAR
Existing home sales fell 2.0% in September from August, reaching a seasonally adjusted annual rate of 3.96 million, according to the National Association of...
2024 inventory growth challenges mortgage rate lockdown
The mortgage rate lockdown premise holds that very few people will list their homes when mortgage rates are this high, thus suppressing inventory....
