As rates climb, how are non-QM lenders faring?
As mortgage rates hover around 8% for agency mortgages, lenders handling conventional mortgages are struggling to find business.
But how are the non-QM lenders...
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...
5 best real estate schools in Maryland (MD) for 2024
Course Formats: Online interactive.
Course Access: Six months from the date of purchase.
Pass Guarantee: With the CE Shop’s “Pass Guarantee,” prelicensing students can request...
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...
Housing starts rise on falling mortgage rates
Housing starts rose in November, significantly beating expectations.
New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department...
Cenlar FSB, BaseCap partner on new servicing compliance program
Cenlar FSB, the second-largest mortgage servicer and largest subservicer in the U.S., has partnered with financial services-focused data and analytics company BaseCap Analytics...
Have lower mortgage rates already boosted housing demand?
Purchase application data
Last year, when mortgage rates fell from 7.37% to 5.99%, we got three good months of positive purchase application data until...
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...
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...
6 ways real estate agents can use AI to become the ultimate authority
You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate...
