Ginnie Mae to issue new pool-level disclosure in HMBS program
Ginnie Mae announced this week that it is adding a new pool-level, low-to-moderate income (LMI) disclosure to its Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.
The...
HUD names Lofton as Northwest regional administrator
The U.S. Department of Housing and Urban Development (HUD) announced the appointment of Andrew Lofton on Friday as its new administrator for the Northwest region, encompassing...
Low-rate mortgages are making a dent in job recruitment efforts
Job recruiters in the South are facing hurdles to attract skilled professionals from the Midwest despite offering competitive compensation packages, according to a Bloomberg report published...
Dream of homeownership feels unattainable to many Americans: Redfin
The ongoing lack of housing affordability is prompting more renters to doubt their ability to become homeowners. According to a recent Redfin survey, nearly 40% of...
Our 19-point house-hunting checklist for agents & their clients
1. Discuss how agents get paid and hire a great agent.
The elephant in the room needs to be discussed: the lawsuits. Buyers have heard horror stories...
The Real Brokerage, The Agency top list of RealTrends Verified movers by sides/volume
In real estate brokerage, growth is the name of the game and for 2024 (based on 2023 data), The Real Brokerage and The Agency are winning...
Retail reverse mortgage production took a hit in January
While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale...
Equifax’s Work Number is too expensive and regulators should look into it: CHLA
Equifax’s Work Number product is too expensive for consumers and the Federal Housing Administration (FHA) and Federal Housing Finance Agency (FHFA) should potentially do something about...
Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that officials still expect interest rates to come down three times...
Realty ONE promotes five women to executive positions
Realty ONE Group International, a global real estate franchise, recently promoted five women to drive the company’s global growth.
Cory Vasquez was promoted to the position of...