Bankruptcy judge approves Celink stipulation in RMF bankruptcy case
The presiding judge in the ongoing bankruptcy case of Reverse Mortgage Funding (RMF) has approved a stipulation that would resolve an administrative claim...
Fannie Mae Selling Guide update prohibits family members’ job offers in transactions
The newly-updated Fannie Mae November Selling Guide now bars job offers or contracts for future employment from family members or interested parties involved...
Homebuyers hit the brakes, causing unseasonal growth in inventory
https://www.youtube.com/watch?v=CebIuH3MRFo
Available inventory of unsold homes rose by 1.8% this week. It’s quite clear that homebuyers have hit the brakes waiting to see if...
FCC’s newly adopted lead gen rules could accelerate lawsuits against lenders
The Federal Communications Commission (FCC) — the government regulatory body overseeing communications across a wide variety of media including radio, telephone cable and...
2023: A year of retrenchment for the secondary mortgage market
As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates, steep...
Incenter rebrands, changes up leadership
Incenter Mortgage Advisors (IMA) has rebranded and changed its leadership to reflect the offering of a broader set of capital markets services.
The company, which...
New low in real estate agent movement: Relitix
Agents are moving between brokerages at a much slower pace than the post-pandemic peak seen in the summer of 2021, according to Relitix’s...
Blend launches lower-cost option for retail IMBs
Mortgage tech firm Blend has launched a lower-cost version of its mortgage suite for retail independent mortgage banks, the company announced this week.
This...
How analysts see 2024 shaping up for mortgage lenders
Kyle Joseph, a specialty finance equity research analyst at Jefferies, believes that the worst of the current mortgage cycle may be behind us,...
U.S jobs report surprises to the upside
The U.S. economy added significantly more jobs than expected during the first month of the year. Jobs increased by 353,000 in January, up...
