FHFA imposes a $140B cap to GSEs’ multifamily loan purchases in 2024
Government sponsored-enterprises (GSEs) Fannie Mae and Freddie Mac will each have a $70 billion cap for multifamily loan purchases in 2024, the Federal Housing Finance Agency (FHFA) announced Tuesday.
The combined $140...
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...
MeridianLink integrates with Polly to bolster lenders’ profitability
Polly, a software-as-service mortgage tech firm, announced a bi-directional integration with MeridianLink, a loan origination software system provider, on Tuesday.
The partnership enables lenders...
Nonbanks profitability to decline in the coming quarters: Moody’s
Nonbank mortgage companies increased their profitability as a group in the third quarter of 2023, compared to the previous quarter, due to the...
6% mortgage rates are back (for select borrowers)
“We see a little bit of pickup but not like you normally would because of seasonality,” Overfelt added.
If rates continue to drop, some...
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...
7 best real estate schools in Florida (FL) for 2024
Ready to begin a flexible, fulfilling career in real estate in the Sunshine state? We’ll help you find the best real estate schools...
Movement Mortgage names Joe Thompson as regional director
Movement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in...
Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac
An arbitrator conclusion issued last week caps a four-year legal battle over allegations of trade secret theft involving two of the biggest companies...
Texas homeowners sue loanDepot, Cardinal over “deceptive practices”
Mortgage lenders loanDepot and Cardinal Financial are the targets of class-action-seeking lawsuits alleging deceptive practices, negligent misrepresentation and gross negligence against Texas homeowners.
In a pair of lawsuits...
