Reverse mortgage professionals react to H4P rule changes
After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program late last year, the reverse mortgage industry expressed...
Home prices post largest gain in more than a year: S&P
Home prices were near an all-time high in February. The S&P CoreLogic Case-Shiller U.S. National Home Price Index posted a 6.4% annual gain in February, up...
Michigan attorney general reissues reverse mortgage consumer alert
The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month. The action is designed to inform...
Blend receives $150M infusion from Haveli Investments
California-based mortgage tech firm Blend Labs, which has pursued non-GAAP profitability since it went public in 2021, announced a $150 million investment on Monday from private equity firm Haveli...
Douglas Elliman settles the commission lawsuits
Douglas Elliman has joined the growing list of brokerages that have settled the commission lawsuits.
In an 8K filed with the Securities and Exchange Commission (SEC) on...
Median payment on purchase mortgage applications rises to $2,201: MBA
Homebuyer affordability declined in March as mortgage rates and home prices remained elevated.
The national median monthly payment for purchase mortgage applicants rose to $2,201 in March,...
Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects
Following a significant drop in retirement savings confidence in 2023, overall levels of confidence have yet to recover. But optimism about future retirement prospects are high,...
HUD walks back some proposed changes to HECM for Purchase program
The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P)...
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
HousingWire sat down with Acra Lending CEO Keith Lind to discuss effective ways to not only survive, but profit in the non-QM space while so many...
Spring housing market gets more inventory
Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with...