“As we collaborated with Maxwell to build this integration, we were committed to creating an integration that surpassed others of its kind in both quality and functionality,” said Mike Picker, vice president of sales at Integra. “Our partnership with Maxwell is a game-changer for the countless lenders who use Integra every day to make their borrowers’ dreams of homeownership a reality.”New construction makes its way especially into certain U.S. cities, while borrowers purchasing more new housing stock
The median age of U.S. homes is now 45 years — think of a house built in 1980 — which is four years newer than the median home age a decade ago. Look closer, though, and you’ll find very different stories across particular states' and cities' markets. A new study from Pr...
Falling percentage of mortgage companies reporting a pre-tax net financial profit
Independent mortgage banks (IMBs) and the mortgage divisions of chartered banks reported an average pre-tax net loss of $40 per loan in the fourth quarter of 2024, a sharp reversal from the $701 per-loan profit recorded in the previous quarter, according to new data from the...
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