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....
Mortgage applications ticked up after weeks of decline: MBA
Mortgage applications picked up for the first time in four weeks as mortgage rates dropped by 25 basis points, to 7.61%. The Fed’s...
Mortgage rate dip a welcome reprieve, but more industry consolidation is ahead: Piper Sandler
Mortgage rates have pulled back in recent weeks giving consumers and loan originators some breathing room, but headwinds in the industry are far...
7 best real estate schools in North Carolina for 2024
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Cyberattack on Mr. Cooper forces it to lock down systems
Texas-headquartered lender and servicer Mr. Cooper pointed to a cybersecurity incident that forced the company to lock down certain technology systems including access...
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...
Credit reports will be more expensive for mortgage lenders in 2024
Mortgage originators will pay more to access consumer credit reports in 2024, reigniting complaints from mortgage lenders and trade associations.
In 2024, Fair Isaac Corp....
Opinion: Why The new urbanism mindset is potentially big business for real estate agents
I see a fork in the road coming in the real estate industry.
I see it when I drive far out from cities, in...
Loan officers are dramatically cutting their pay to win clients. It’s often illegal.
It was late 2022 and Mike was feeling the pressure. Mortgage rates had climbed close to the 7% range and he was determined...
HUD publishes several changes to reverse mortgage handbook section
The U.S. Department of Housing and Urban Development (HUD) on Monday published a new version of its Single Family Housing Handbook 4000.1, which...
