Secretary of Housing and Urban Development, Fudge, seemed receptive to the idea of tackling a problem that industry association heads earlier pinpointed as vital for housing affordability in 2024.
Anchor Loans has initiated a Third Party Originator (TPO) channel with the aim of catering to the needs of mortgage brokers, banks, as well as private and non-QM lenders.
The newly introduced mobile application for the Optimal Blue PPE presents loan officers with the functionality to search for products anywhere, anytime.
A reverse mortgage has the potential to be utilized for long-term care, yet elderly individuals must have a deep understanding of its potential financial implications, according to a recent opinion piece. The advisory article does not reveal its originating source.
Katie Sweeney, currently holding the dual roles as Chairman and CEO of AIME, is set to leave her position. She will be taking the lead at Broker Action Coalition, an advocacy group tied to the industry. The process of finding Sweeney’s successor at AIME is ongoing, and as of now, no new CEO has been appointed.
An analysis of why the two recent appeal motions filed by HomeServices, Keller Williams, and NAR ought to be considered.
The unveiling of the Fannie Mae loan program for multifamily properties in November, which requires only a 5% down payment, was met with widespread commendation. We delve into a venture under this fresh initiative to evaluate its actual merits for the investment community.
In the coming month, the United States Supreme Court is set to make a determinative ruling on whether federal legislation takes precedence over state regulation in issues relating to interest payments on mortgage escrow accounts.
A well-known history scholar from Rhode Island is turning to the financial solution of a private reverse mortgage to deal with monetary concerns resulting from ongoing forward mortgages.
Today, the mortgage operations at leading financial institutions like Wells Fargo, JPMorgan Chase, and Bank of America are considerably smaller than their stature in 2022. The size of these mortgage divisions is now only a tiny proportion of their previous magnitude.