Industry News
Coming Up:
Hidden Homeownership Expenses Rise To Record Highs
The average U.S. homeowner is spending nearly $16,000 annually on expenses beyond their average mortgage payment, led by home insurance premiums, a hidden cost that has surged 48% nationwide since February 2020
Building the Future of Mortgage Education with Elle Muse
LaDonna Lockard and Elle Muse break down what’s next for MaxClass — from AI and compliance to sticky situations and smarter CE.
Foundation Mortgage Adds Four New AEs
Non-QM wholesale and non-delegated correspondent lender bolsters its sales team with the addition of seasoned Account Executives Ryan Lombarde, Jimmy Hendrickson, Michael Nguyen, and Jeffrey Ly
Bezos-Backed Arrived Launches Real Estate Stock Market Platform
After an injection of $27 million in funding, Arrived's new rental property marketplace allows investors to buy and sell shares of homes, bringing stock market-style liquidity and flexibility to real estate investing
Advisory-Focused Originators Leading In Customer Satisfaction
J.D. Power’s latest Mortgage Origination Satisfaction Study found that lenders attaining the highest scores are amping up their skillset by blending high-touch advisory relationships with intelligent digital infrastructure
Pool Of Potential Refi Candidates Is Growing
A combination of the recent easing in mortgage rates that has begun to open the refinance window for many borrowers, and homeowners with record amounts of equity, are trends driving opportunities for borrowers to leverage refis and equity products
Affordability Outlook Brightens For Veteran Homebuyers
While VA loans provide a great opportunity for first-time veteran homebuyers to purchase a home without a substantial downpayment, the tradeoff of a bigger loan with higher monthly costs has some vets opting for conventional loans