bp56691 – Page 152 – Cantilever Real Estate

Better announces ‘Better Forever’ borrower loyalty program

February 5, 2025 by bp56691

The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019, are automatically enrolled in the program.

HECM endorsements, HMBS issuance see relatively little movement to start 2025

February 5, 2025 by bp56691

HECM endorsements increased by less than 1% from December to January, while HMBS issuance is historically low but still healthy.

Family caregivers who support older relatives are on the rise due to aging-in-place preferences

February 5, 2025 by bp56691

The share of unpaid caregivers rose sharply between 2011 and 2024, which researchers said came partially from rising preferences for aging in place.

Foreclosures are drying up — and it’s showing in sales data

February 5, 2025 by bp56691

Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of foreclosure-auction sales in 2025 to drop to the second-lowest total on record.

Altos founder Mike Simonsen on housing market trends and growth predictions

February 4, 2025 by bp56691

In this week’s episode of the RealTrending podcast, host Tracey Velt is joined by Altos Research founder and president Mike Simonsen to discuss expectations for the housing market and the impact of the Trump administration’s policies.

New York bill would require reverse mortgage lenders to strengthen consumer disclosures

February 4, 2025 by bp56691

A New York state senator’s bill seeks to require lenders to offer more comprehensive reverse mortgage information to borrowers at least five days before closing.

Enforcement experts fear the wild west of a weaker CFPB

February 4, 2025 by bp56691

Scott Bessent, the new secretary of the Department of the Treasury under the Trump administration, made headlines twice on Monday — once for his appointment as acting director of the Consumer Financial Protecture Bureau (CFPB) and again for his order to CFPB staff to halt all bureau activities.

Arrival Home Loans partners with fintech zavvie

February 4, 2025 by bp56691

The collaboration combines Arrival Home Loans’ niche in owner-occupied bridge loans with zavvie’s advanced technology platform for single-family homes.

RCN Capital acquires BLN Software

February 4, 2025 by bp56691

Nationwide private lender RCN Capital on Tuesday announced the acquisition of BLN Software, which offers a loan origination system and loan management system for the private mortgage lending industry.

U.S. strikes deal with Canada to pause tariffs for one month

February 3, 2025 by bp56691

Canadian President Justin Trudeau announced Monday afternoon that the U.S. and Canada have agreed to pause for one month the 25% tariffs that President Donald Trump placed on Canadian goods. That came mere hours after Trump and Mexican President Claudia Sheinbaum agreed to pause paused 25% tariffs on Mexico.