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....
Ascent Software Group acquires property data collection platform Value Acceptance
Proptech solutions provider Ascent Software Group (ASG) has acquired property data collection platform Value Acceptance.
Through the acquisition, ASG hopes to modernize the appraisal...
Better taps Chad Smith as new president and COO
Holding company Better Home & Finance hired Chad Smith to be the president and chief operating officer of its mortgage business, it announced on Friday. Kevin Ryan,...
29 Cutting-Edge Real Estate Marketing Ideas for 2024
New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers...
MBA names Rachel Kelley legislative affairs VP
The Mortgage Bankers Association (MBA) has appointed Rachel Kelley as vice president of legislative affairs.
In her new role, Kelley will be responsible for...
FHFA extends certain rep and warrants to pandemic-related forbearance loans
The Federal Housing Finance Agency (FHFA) announced on Monday morning that it will treat, in some aspects, loans in COVID-19 forbearance similar to those in...
Class Valuation acquires AMC Valuation Connect
Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect, formerly a subsidiary of...
Homeowners are getting worried about flood insurance costs
Homeowners are increasingly concerned with flood insurance premium hikes impacting affordability, Fannie Mae‘s latest national flood survey showed.
Despite people’s personal flooding experience, consumers...
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...
UWM’s margins are improving even as volume falters
UWM Holdings Corporation, the parent of United Wholesale Mortgage (UWM), produced lower mortgage origination volume in the third quarter of 2023 than the previous quarter...
