U.S jobs report surprises to the upside
The U.S. economy added significantly more jobs than expected during the first month of the year. Jobs increased by 353,000 in January, up...
How will mortgage rates impact seasonal inventory in 2024?
Weekly housing inventory data
One substantial positive story for 2024 is that we have more housing inventory year over year. It’s not a lot,...
Retired couples might need $400,000 in savings to cover medical expenses
Retired couples who are Medicare beneficiaries could need as much as $413,000 saved to cover medical expenses in the latter stages of life,...
Fairway shuts down wholesale channel
Fairway Independent Mortgage Corp., the nation’s ninth-largest mortgage originator, announced Friday that it would be closing its wholesale channel and pivoting entirely to...
Top-producing Draper and Kramer LOs spurn NAF
Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. (DKMC) are not transitioning to the company’s acquirer, New American...
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...
FHA removes mandatory mortgage branch registration requirement
The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a current requirement for lenders...
Make the most of real estate testimonials (+ examples & scripts)
Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working...
Sens. Klobuchar, Kaine reintroduce bill to create housing policy plans, boost supply
Democratic Sens. Amy Klobuchar (Minn.) and Tim Kaine (Va.) have reintroduced their Housing Supply and Affordability Act to the U.S. Senate in the...
Guild asks judge to confirm $10.7M award in poaching dispute against ex-employees
Guild Mortgage has filed a petition in a district court in Washington to confirm a $10.7 million award resulted from an arbitration dispute against...
