Thursday, May 16, 2024

Assumable mortgage platform Roam partners with national lender on down payment assistance

New York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers, the company announced...

Better taps Chad Smith as new president and COO

Holding company Better Home & Finance hired Chad Smith to be the president and chief operating officer of its mortgage business, it announced on Friday. Kevin Ryan, who previously held...

A homeowners insurance perfect storm: Providers’ costs rise, users’ coverage shrinks

Despite the necessary requirement for a homeowner to maintain insurance on their property for protection against human- and naturally-occurring disasters, the impacts of climate change are...

Reverse mortgage volume and HMBS issuance improve in April

The refi market continues to be anemic as higher rates are persisting, with refi volume dropping 3.4% compared to the prior month. Seven of the top...

Guild posts origination gains in Q1, declares a dividend

Guild Holdings Company, parent company of Guild Mortgage, recorded a 6% increase in mortgage originations and much higher revenue levels in the first quarter of 2024...

Former top executive withdraws lawsuit against Better.com and its founder

A former top executive at Better.com has voluntarily dismissed with prejudice a lawsuit filed about two years ago against the company and its leadership, including founder Vishal Garg, that...

Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In down markets,...

Labor market report is good news for mortgage rates

So where does this leave us? Let’s look at my labor economic model that started on April 7, 2020, and see where are we today. 1. The...

eXp acquires 500-agent independent brokerage in Florida

eXp Realty has acquired Broker’s LLC, a 500-agent independent brokerage based in South Florida and founded by Claudia Serna, eXp announced on Thursday. “Claudia’s impressive track record...

The Retirement Trifecta – HousingWire

The number one rule of the marketplace is to understand your customer. Knowing what they need, what they want and what they fear is fundamental for success....