Positioning your business for success in all market cycles
HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM, about the work independent mortgage brokers can do right now to prepare for when rates...
FHFA says GSEs are open to alternatives to loan repurchases
Regarding lenders’ vociferous complaints about increased loan buybacks from Fannie Mae and Freddie Mac, FHFA Director Sandra Thompson said the regulator expects originators to deliver loans consistent with the...
FHFA extends certain rep and warrants to pandemic-related forbearance loans
The Federal Housing Finance Agency (FHFA) announced on Monday morning that it will treat, in some aspects, loans in COVID-19 forbearance similar to those in natural disaster forbearance....
Real estate brokers focus on value amid commission lawsuit unease
Today, the first class action commission lawsuit goes to trial in Kansas City, Missouri. While two of the defendants — Anywhere and RE/MAX — have settled...
Freddie Mac rolls out down payment assistance tool
Freddie Mac is rolling out a free tool for lenders, DPA One, that matches borrowers with down payment assistance programs across the country. DPA One streamlines...
Stakes are high as first buyer broker commission lawsuit goes to trial today
The long-anticipated Sitzer/Burnett class action commission lawsuit enters its first day in court on Monday, leaving real estate professionals to ponder the fate of today’s cooperation...
Mortgage origination market should improve by 19% next year: MBA
The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists...
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CrossCountry in talks to acquire Fairway: sources
Two top-20 mortgage lenders in the United States may combine forces amid the most challenging market in decades. CrossCountry Mortgage is in talks to acquire Fairway...
The Beinfield Team in Connecticut returns to Compass after brief departure
The Connecticut-based Beinfield Team returned to Compass, the company announced on Tuesday.
“This transition is all about securing the future success of my team,” Liz Beinfield, the...