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Rate announces revamp of reverse mortgage division with industry veterans

November 20, 2024 by bp56691
Rate announces revamp of reverse mortgage division with industry veterans
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.
Categories American Advisors Group, Guaranteed Rate, OneTrust Home Loans, Rate, Reverse

10.5 million borrowers at or over age 65 still have forward mortgages

November 20, 2024 by bp56691
Though many older homeowners own their properties free and clear of a mortgage payment, 10.5 million seniors still have a forward mortgage.
Categories LendingTree, Reverse, U.S. Census Bureau

How might investors view reverse mortgages in 2025 and beyond?

November 19, 2024 by bp56691
An analyst dives into investor thoughts around reverse mortgages, and how an impending government transition does (or doesn’t) impact things.
Categories Ellington Financial, Finance of America, HECM, HMBS, Longbridge Financial, Reverse, Stock Market

Coldwell Banker CEO highlights crucial role of communication skills for agent development

November 19, 2024 by bp56691
Lane shares key takeaways from her first year of leading Coldwell Banker Realty following a prior role at Sotheby’s International Realty.
Categories Brokerage, Coldwell Banker, Podcast, Podcasts, Real Estate

Credit bureaus will push to scale back mortgage trigger leads bill

November 19, 2024 by bp56691
Credit bureaus will push to scale back mortgage trigger leads bill
The passage of the mortgage trigger lead bill as proposed in Congress may face a challenge this week from the consumer reporting industry.
Categories Community Home Lenders Association, credit report, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Senate, U.S. Senate

The election is over, but mortgage rates have yet to change course

November 19, 2024 by bp56691
The election is over, but mortgage rates have yet to change course
The trend line for mortgage rates has been the same for several weeks, even as some of the uncertainty tied to the election is fading.
Categories Bank of America, Construction, Federal Reserve, First American, Housing Starts, Mortgage, Mortgage Rates, Mortgage Rates Center

Lamacchia Realty acquires Stone Ridge Properties

November 19, 2024 by bp56691
This is the 10th acquisition in Massachusetts for the Anthony Lamacchia-helmed firm in the past 16 months.
Categories Brokerage, Lamacchia Realty, Maine, Massachusetts, New Hampshire, Real Estate

VantageScore unveils mortgage resources to ease the transition to 4.0 credit model

November 18, 2024 by bp56691
In preparation for widespread credit scoring changes, leading credit-score and data analytics company VantageScore has launched a Mortgage Resource Center to support lenders transitioning to the VantageScore 4.0 credit model.
Categories Credit, Fannie Mae, Federal Home Loan Banks, FHFA, Freddie Mac, Mortgage, Technology, VantageScore

What to expect from the 2025 housing market

November 18, 2024 by bp56691
What to expect from the 2025 housing market
What will the housing market look like in 2025? We already see many signals for what to expect on inventory, new listings and prices.
Categories Data & Visuals, Home Prices, Housing Inventory, Housing Market, HWmember, New listings

Trump’s plan to build houses on federal land, explained

November 18, 2024 by bp56691
Trump’s plan to build houses on federal land, explained
Donald Trump’s impending second term has sparked discussions about addressing the housing crisis by building new homes on federal lands.
Categories Affordable Housing, Donald Trump, Housing Market, Housing Policy, HWmember, Regulatory, Trump Administration, U.S. Department of Housing and Urban Development
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