MBA now expects mortgage rates to end 2025 at 6.4%, a 50 bps jump from its forecast in October. Forecasted origination volume also dropped $200B to $2.1T.
White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners for allegedly defaulting on a loan.
NAR’s volunteer leaders receive financial benefits that no other nonprofit in the housing space—including the MBA—comes close to matching, 990 filings reveal.
Rate has announced a shakeup in its reverse mortgage division’s leadership by appointing two longtime industry veterans to lead the company’s efforts with older borrowers.