5 trends that will reshape the real estate market in 2024
The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving...
Condo originations ‘streamlined’ through project advisor tool: Freddie Mac
Government-sponsored enterprise (GSE) Freddie Mac on Wednesday announced further enhancements to its Condo Project Advisor tool that are designed to “streamline” such loan...
UWM returns to profitability in Q1 amid MSR sales, improved margins
UWM Holdings Corp., the parent of United Wholesale Mortgage (UWM), returned to profitability in the first quarter of 2024 despite higher rates, a lack of...
loanDepot launches fully automated underwriting engine
California-based mortgage lender loanDepot on Tuesday announced the launch of its fully automated underwriting engine called melloNow.
The new system, which has been in beta-testing for...
Jonathan Scarpati joins NRMLA board of directors
The National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan Scarpati, senior vice president of wholesale production at Finance of America...
NAR names new chief marketing and communications officer
The National Association of Realtors (NAR) has a new chief marketing and communications officer. The trade group announced Tuesday that Suzanne Bouhia would...
5 best real estate schools in Arizona (AZ) for 2024
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Republicans tell FHFA they oppose Freddie Mac’s closed-end second mortgage proposal
On Wednesday, the FHFA closed the comment period for the proposal, which was opened in April. In their letter, Republicans called the 30-day...
Mr. Cooper hit with consumer class-action lawsuits over cyberattack
Mr. Cooper Group became the target of at least four consumer class-action lawsuits after disclosing a cyberattack at the end of October when...
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...
