Fairway makes new reverse mortgage investments, rejoins NRMLA

Fairway Independent Mortgage Corporation announced on Tuesday a series of reverse mortgage maneuvers designed to increase the company’s investment in the space. The first...

Glennda Baker’s ‘Diamond Squad’ joins Coldwell Banker

Metro Atlanta-based real estate broker and TikTok influencer Glennda Baker is making the leap to Coldwell Banker. Baker and her team of five...

PrimeLending recruits several more top-producing LOs in Texas

PrimeLending, a Texas-based retail mortgage bank, added 12 new loan originators as it attempts to grow market share within its existing Texas footprint. Among...

Mortgage rates should drop below 7% as housing demand picks up

Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it has created four straight...

Illinois homebuyer files commission lawsuit against @properties

With four commission lawsuits in play, Illinois currently holds the title for the most commission lawsuits in one state. In addition to the...

RE/MAX closes out fall months with new top-producers, franchisees

RE/MAX has seen a steady stream of agents and new franchisees over the past three weeks. In late November, the firm announced that Elizabeth...

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....

CoreLogic’s income analysis solution now integrated with Fannie Mae’s income calculator

CoreLogic’s AutomatIQ Borrower Income Analysis solution is now integrated with Fannie Mae’s Income Calculator, the company announced last week. With this integration, mortgage lenders...

CBC Mortgage Agency cuts rates on down payment assistance second mortgages

CBC Mortgage Agency — a federally chartered housing finance agency — is reducing interest rates on repayable second mortgages used for its down...

AlphV/BlackCat claims credit for loanDepot cyberattack

Infamous ransomware gang AlphV/BlackCat claimed it was behind the January cyberattack at top 15 U.S. mortgage lender loanDepot. loanDepot, which originated about $17 billion...