Reverse mortgage volume and HMBS issuance improve in April
The refi market continues to be anemic as higher rates are persisting, with refi volume dropping 3.4% compared to the prior month. Seven...
Newrez launches mortgage JV with $4B Keller Williams group in New Jersey
Newrez has launched a new joint venture mortgage company, Carnegie Mortgage Partners, in collaboration with a top Keller Williams franchise network in Bergen...
Anywhere teams up with RealScout to facilitate the real estate journey
Anywhere Real Estate partnered with agent-client collaboration platform RealScout to allow the company’s affiliated real estate agents and franchise owners “to engage, nurture,...
Immunity or liability? Antitrust experts weigh in on commission lawsuit settlement outcomes
Speculation is still swirling around the proposed commission lawsuit settlement agreements reached by RE/MAX and Anywhere in the Sitzer/Burnett, Moehrl and now Nosalek...
DeSantis stamps changes to reverse mortgage tax requirements in Florida
Florida Gov. Ron DeSantis (R) signed a bill into law this week that changes certain requirements for the state’s reverse mortgage borrowers, a...
The homegenius Platform gives consumers deeper insights in the home buying and selling journey
The process of finding, buying and owning a home today is disjointed, antiquated and messy. homegenius Real Estate understands the need to deliver...
Homebuilders slash prices to clear inventory as confidence sinks again in November
Elevated mortgage rates sank builder confidence again in November, but recent economic data suggests housing conditions will pick up in the coming months.
Builder...
Change Lending keeps CDFI certification after agreement with US Treasury
Non-bank originator Change Lending will continue to originate non-qualified mortgages (non-QMs) for underserved borrowers after it reached a tentative deal with the U.S....
Higher rates are impacting future housing production
In the chart below, red shows single-family permits and blue shows five-unit permits. There is a big gap between single-family and five-unit permits,...
Fannie Mae on Q4: Existing home sales will be lowest since 2010
The housing market has not hit the bottom in existing home sales yet, Fannie Mae projected.
With mortgage rates having previously soared to around...
