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Coming Up:
UMortgage To Acquire NXT Mortgage
Acquisition deal includes assets, technology, 35 loan officers, and NXT Mortgage founder and president, Tyler Hodgson.
Success Mortgage Sues Stockton Mortgage Over Poaching
Suit accuses Stockton of a 'brazen and unlawful scheme ... to solicit and hire over 30 Success Mortgage employees.'
Builder Confidence Fell In Every Month Of 2022
NAHB's latest survey shows 62% of builders are using incentives to bolster sales.
FHFA Publishes 3Q Appraisal Data
The Uniform Appraisal Dataset (UAD) aggregate statistics will now be released quarterly.
Fannie Mae Predicts Modest Recession In New Year
According to Fannie Mae's ESR Group, housing and mortgage markets are not expected to recover until 2024.
FHA Announces Pandemic Aid For Seniors With HECMs
The plan helps senior homeowners with FHA-insured HECMs who are behind on required property charge payments due to effects of the COVID-19 pandemic.
Redfin: Home Purchase Demand Up Since October
Mortgage-purchase applications and Redfin’s Homebuyer Demand Index are both up by double digits since bottoming out earlier this fall.
Diversity Is Strength
If there was a widget that could increase profitability by 34%, you'd buy it. But you can increase profitability at no extra cost by hiring a more diverse staff.
