MLS executives imagine a world with no MLS
As the trial for Sitzer/Burnett, the first of the two bombshell class action buyer broker compensation anti-trust lawsuits, kicks off this week, the...
New Jersey bill seeks to require face-to-face counseling for reverse mortgages
A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would void any loans...
This is a big week for housing, jobs and mortgage rates
10-year yield and mortgage rates
As we approach a crucial week for mortgage rates, the 10-year yield and labor data could influence the Fed’s...
GAO highlights reverse mortgage counseling in new report
Older adults and people with disabilities are often prone to financial distress, and they may require more resources to better understand their circumstances...
SFR, fix-and-flip sectors are in a ‘bit of a malaise’
“Our data shows that home flipping activity around the United States dropped during the second quarter of 2023,” said Rob Barber, CEO of...
Argyle announces integration with Fannie Mae’s DU
Verifications provider Argyle announced its integration with Fannie Mae’s Desktop Underwriter (DU) program on Monday, becoming the first DU-authorized report supplier to offer...
Mortgage credit availability increased in January: MBA
The availability of mortgage credit increased in January, according to a report issued by the Mortgage Bankers Association (MBA) based on data sourced...
Senators introduce bill targeting mortgage trigger leads
A coalition of bipartisan lawmakers in the U.S. Senate on Wednesday introduced legislation targeting the practice of mortgage trigger leads.
The bill, designated “S.3502,”...
Reverse mortgage volume and securities issuance trend lower in December
When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the...
HUD employees in 2023 feel ‘safer’ and more ‘valued,’ survey finds
Employees at the U.S. Department of Housing and Urban Development (HUD) feel safer, more valued and empowered in their roles at the department....