As 30-year fixed-rate mortgages hit 7.31%, experts indicate low housing inventory and changing consumer behavior; renting emerges as a favorable choice for many.
Q4 2023 American Bankers Association Index indicates a cautious economic outlook for both consumers and businesses.
Rhode Island bank faces allegations of discrimination against Black and Hispanic mortgage seekers; DOJ emphasizes commitment to racial equality in lending.
Amidst economic uncertainties, housing wealth for those 62 and older soars.
Meet your your colleagues, both national and local, by attending an event in your area.
All four national regions report a slump in monthly and annual transactions, emphasizing the need for better rates and increased housing inventory.
Redfin Survey shows Black, Hispanic, Asian, and LGBTQ+ communities continue to face bias during home searches, despite protective federal laws.
Reports from ATTOM and MBA highlight steepest drop since 2007, with 99% of counties surpassing historical averages in home and condo pricing.
Ben Cohen knows the way to chart the course, and he doesn’t consider inefficiency to be part of his vocabulary
There's no age limit when it comes to consumers needing home borrowing options
Ratings will go a long way toward growing the market for home equity-backed securities
Rise in interest rates, drop in values have them pulling back in certain regions
Longtime pros launch new company, see early success
Rafelky Antigua carves a quick path to success through hard work and reputation
A friend to borrower-hopefuls with less-than-perfect credit
Lenders selling to Fannie and Freddie have to take swift action and enact robust strategies to mitigate risk
‘I’m pushing hard because of the fear of never wanting to go back to that day.’
It’s illegal but hard to prove
At or away from the closing table, Kristin Stark is in it to win it
New rules in place on releasing liens, local inconsistencies, and data breaches
Lone Star LO analysis shows Texas was the toughest state for mortgage closings in 2022
Florida Originator Magazine analysis finds Alligator State among toughest to close a mortgage
Marsha Gandy’s journey from first-time homebuyer to loan originator
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Increased fees, soaring monthly payments, and growing approval disparities unsettle the housing market; CFPB eyes regulatory tweaks.
Mortgage servicer takes legal action following massive borrower impact; CFPB previously fined ACI $25 million for related charges.
With mortgage rates hitting a 20-year peak, a 1.3% dip in applications reflects the strain on homebuyers and limited motivation for refinancing.
Robert Howerton will oversee the company’s IT infrastructure.
Make sure you’ve got expertise in more than standard plain-vanilla mortgages.
Keeping an open mind will also lead to keeping more clients.
Builders offer increased incentives to attract buyers; First-time homeowners gravitate toward new builds as inventory constraints persist.
Chicago, Cleveland, and New York drive robust growth; S&P CoreLogic Case-Shiller Indices and the FHFA report a consistent positive trajectory despite regional disparities.
Nearing $52 trillion, the U.S. housing market has rebounded since 2022 downturn.
Limited staffing at HUD and USDA may cause delays in FHA, VA, and reverse mortgages, impacting home buyers and the broader housing market.
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