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Longbridge has a new addition to its proprietary reverse mortgage suite

April 4, 2025 by bp56691
Platinum Peak aims to offer higher LTVs for borrowers, with Longbridge saying it could help those who previously came up short.
Categories HECM, HWmember, Lenders, Longbridge Financial, Reverse

The lean, mean (illegal?) 1099 LO machine

April 4, 2025 by bp56691
The lean, mean (illegal?) 1099 LO machine
A revealing look into the high-stakes (and legally murky) world of 1099 loan officers, recruiter tactics, and what some see as a blatant end-run around LO Comp rules.
Categories HWmember, Legal, Loan Officer, Mortgage, Tax

Trump spares homebuilders on Canadian and Mexican imports, but China’s tariff hits hard

April 3, 2025 by bp56691
Trump spares homebuilders on Canadian and Mexican imports, but China’s tariff hits hard
President Trump didn’t do homebuilders any favors by imposing a dramatic 54% tariff on China, a critical supplier of construction materials.
Categories Canada, Data & Visuals, Donald Trump, Homebuilders, Housing Market, HWmember, Mexico, National Association of Home Builders, Politics, Tariffs

Judge rules in favor of Ginnie Mae in lawsuit brought by Texas Capital Bank

April 3, 2025 by bp56691
The case brought by TCB against Ginnie Mae has been ended via summary judgment in favor of the government. The bank has vowed to appeal.
Categories Ginnie Mae, HECM, HMBS, HUD, HWmember, Lawsuit, Legal, Reverse, Texas, Texas Capital Bank

FOA enlists new marketing agency in renewed push

April 3, 2025 by bp56691
Finance of America has enlisted creative agency David&Goliath for a new marketing strategy, which will start in Q2.
Categories American Advisors Group, Finance of America, HWmember, Reverse

7 tips for high-converting real estate landing pages (+ examples that work)

April 3, 2025 by bp56691
7 tips for high-converting real estate landing pages (+ examples that work)
Every word on your landing page should drive visitors to take a specific action. Our expert tips and high-converting examples can help.
Categories Real Estate, Real Estate Marketing, Vetted by HousingWire

First American: Home sales are weaker than they seem

April 3, 2025 by bp56691
First American’s Mark Fleming said the slowdown is tied to the mortgage rate lock-in effect and older homeowners who choose to age in place.
Categories Existing home sales, First American, Home Sales, Housing Market, Housing Market Data, HWmember, New Home Sales

Bond yields fall after tariff news. Are mortgage rates next?

April 2, 2025 by bp56691
Bond yields fall after tariff news. Are mortgage rates next?
Anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currently trading at 4.13%.
Categories Housing Market, HWmember, Mortgage Rates, Purchase Applications, Tariffs

Trump’s ‘Liberation Day’ imposes dramatic global tariff regime

April 2, 2025 by bp56691
Trump’s ‘Liberation Day’ imposes dramatic global tariff regime
President Donald Trump announced an executive order that places a tariff on all foreign imports, in addition to levies for specific countries.
Categories Donald Trump, HWmember, Inflation, Politics, Tariffs

Mat Ishbia’s unfiltered thoughts on the Rocket-Mr. Cooper deal

April 2, 2025 by bp56691
What does UWM’s Mat Ishbia think about Rocket Companies’ pending $9.4 billion deal for Mr. Cooper? “It’s fantastic,” he said.
Categories HWmember, Mergers and Acquisitions, Mortgage, Mr. Cooper, Mr. Cooper Group, Origination, Refinancing, Rocket Mortgage, United Wholesale Mortgage
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