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Migration slows under pressure of rate lock-in, cooling job market

September 4, 2025 by bp56691
Migration slows under pressure of rate lock-in, cooling job market
The number of people who are moving remains significantly lower than before the pandemic, according to Bank of America Institute.
Categories baby boomer, Bank of America, Gen Z, Homebuyers, Housing Market, HWmember, Millennials, Mortgage Rates, Real Estate

Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education

September 4, 2025 by bp56691
Kimber White is set to return as NAMB president on Oct. 1, where he’ll focus on advocating for housing affordability and mortgage education.
Categories Affordability, Continuing Education, HWmember, LendingLife, Mortgage, Mortgage Broker, NAMB, Politics

Click n’ Close pairs 5/1 ARM with down payment assistance for new homes

September 3, 2025 by bp56691
The program — called the SmartBuy 5/1 ARM Down Payment Assistance product — offers a first mortgage alongside a repayable second mortgage.
Categories Adjustable-Rate Mortgage, Affordability, Down Payment Assistance, homebuilder, HWmember, Mortgage

Rocket pushes back debt exchange deadline amid Mr. Cooper deal

September 3, 2025 by bp56691
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
Categories Debt, HWmember, Investors, LendingLife, Mergers and Acquisitions, Mortgage, Mr. Cooper Group, Origination, Rocket Companies

RealTrends Verified mega team Noble Black & Partners returns to Corcoran

September 3, 2025 by bp56691
Noble Black and his team are returning to Corcoran with a $500 million listing book after a decade with Douglas Elliman
Categories Agent, Corcoran Group Real Estate, Douglas Elliman, HWmember, New York City, People Movers, Real Estate

$12.7 trillion in US homes face severe climate risks

September 3, 2025 by bp56691
.7 trillion in US homes face severe climate risks
Data shows threats from flooding, hurricane winds and wildfires increasingly reshaping housing markets and insurance availability.
Categories Affordability, FEMA, Flood insurance, Homeowners insurance, Hurricane, HWmember, National Flood Insurance Program, Real Estate, Realtor.com, Wildfire

Reverse mortgage production metrics took a tumble in August

September 3, 2025 by bp56691
Despite a sharp decline in August endorsements, wholesale sponsors like Longbridge and Finance of America helped to sustain volumes.
Categories Finance of America, HECM, HMBS, HWmember, Longbridge Financial, Mortgage, Mutual of Omaha, New View Advisors, Reverse, Reverse Mortgage Daily

Kuper Sotheby’s International Realty adds veteran agents in Austin, San Antonio

September 2, 2025 by bp56691
Eric Copper and Cat Lodge bring numerous years of industry experience and a wealth of accolades in their local areas.
Categories Agent, People Movers, Real Estate

Premier Sotheby’s International Realty restructures North Carolina marketing team

September 2, 2025 by bp56691
Premier Sotheby’s International Realty restructures North Carolina marketing team
The real estate brokerage announced the addition of two specialists who will provide regional services to its agents.
Categories People Movers, Real Estate

HomeAdvantage forms advisory board with credit union leaders

September 2, 2025 by bp56691
The group will work to exchange best practices, identify opportunities and provide input on referral programs.
Categories Credit Union, HWmember, Real Estate
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