Tuesday, November 5, 2024

Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it...

JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage businesses. On Friday,...

Here’s what Kamala Harris has said about in-home care for older Americans

Democratic presidential nominee and incumbent Vice President Kamala Harris recently made a media blitz in an effort to appeal to voters ahead of next month’s presidential...

Citadel agrees to pay $6.5M to settle DOJ’s redlining claims

The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain...

Utah-based Realtor association no longer enforcing NAR’s Clear Cooperation

The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to...

Home sales are tepid, but mortgage fraud is becoming more common

New data shows that cases of fraud among mortgage applicants is on the rise — an eye-raising trend as demand from borrowers remains relatively quiet. The...

Mayor who recommended reverse mortgages calls comments ‘regrettable’

As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area seniors explore reverse...

Gen X makes progress with retirement savings: Fidelity

Retirement savers experienced their third consecutive quarter of growth in Q2 2024, with Gen X savers showing strong gains in individual retirement arrangements (IRAs), a sign...

Show up, don’t show off: Laura O’Connor is redefining success in real estate

In this executive conversation, Laura O’Connor, COO at JPAR, and Affiliated Network President, shares her insights on the role of the modern real estate professional. With...

Embrace the future: 5 strategic shifts for agents in a transforming real estate market

The real estate industry is undergoing a seismic transformation, with recent regulatory changes pushing the National Association of Realtors to a critical juncture. As these shifts...

With a potential new rate environment coming, how will reverse mortgage lenders pivot?

Federal Reserve Chair Jerome Powell indicated last week that a cut in the federal funds rate at the September meeting of the Federal Open Market Committee...