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Reverse Mortgage Insights' latest report showed a 16.3% (5,029 loans) jump in HECM endorsements in Oct. 2021.
After pausing purchases by its home-buying unit, Zillow says it will wind down the business.
MBA weekly survey finds 1.1 million homeowners in a forbearance plan as of Oct. 24, 2021
The Mortgage Economic Review is a monthly summary of Key Economic Indicators, Data, and Events pertinent to Mortgage and Real Estate Professionals.
Publicly traded mortgage real estate investment trust reported its third-quarter earnings increased 20% from the previous quarter,
Clear Capital's October 2021 Home Data Index reported that home price growth was at 5.3% on a quarter-over-quarter basis and close to 20% year-over-year.
Cherry Creek Mortgage announced the hire of a new leadership team to expand the company's reverse mortgage division.
Arlo, a digital advertiser for the mortgage industry, announce that it is launching a community advertising platform, Mutual Marketing.
Redfin reports that one third of homes sold in the past four weeks went under contract within seven days of hitting the market.
Each of the four major U.S. regions saw contract activity decline with the Northeast weathering the largest yearly drop.