Why home prices haven’t crashed even with high mortgage rates
Weekly housing inventory data
We will start with the price cut data percentage because it deserves a detailed explanation. 2022 was a historic year...
NYSE sends second notice to FOA about noncompliance with continued listing standard
Finance of America Companies (FOA), parent company of reverse mortgage industry-leading lender Finance of America Reverse (FAR), was notified for the second time...
Home prices climbed in October at fastest annual rate
Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. Real estate experts...
Newsweek turns eye toward reverse mortgage pros and cons
A reverse mortgage has potential utility for a homeowner in the right situation, but loan terms must be observed closely to remain in...
What an appeal of the $1.8B Sitzer/Burnett commission lawsuit verdict will look like
While much remains unknown in the wake of the verdict in the Sitzer/Burnett commission lawsuit case, the one certainty is that all three...
Encompass by ICE Mortgage Technology helps lenders maximize production volume
Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success...
Five ways to win more borrowers
The mortgage industry continues to evolve, especially as the market shifts. In addition to limited inventory, rising rates and affordability constraints, mortgage companies...
The Loan Store affords shopper rewards program
Wholesale lender The Loan Store launched a consumer rewards program designed to help mortgage brokers offer competitive mortgage rates.
Buyers can save up to...
Figure hires banks for lending arm IPO: Bloomberg
Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo, hiring investment banks to coordinate the initial...
Are mortgage rates about to break out higher again?
Mortgage rates and the 10-year yield
The 10-year yield is the key for housing in 2024. In my 2024 forecast, I put the 10-year...
