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The next NAR scandal is here — and it’s about extravagant executive perks

November 18, 2024 by bp56691
The New York Times reported on lavish perks enjoyed by NAR executives, which could cause the trade group to lose its nonprofit status.
Categories Commission Lawsuit, national association of realtors, Real Estate, sitzer/burnett

The month in reverse mortgage rates: November 2024

November 18, 2024 by bp56691
The month in reverse mortgage rates: November 2024
Reverse mortgage educator Dan Hultquist updates the status of reverse mortgage rates while asking readers: do you ‘speak reverse?’
Categories Reverse, Reverse rates, Understanding Reverse

Mortgage rates dodge a bullet — for now

November 16, 2024 by bp56691
Mortgage rates dodge a bullet  — for now
Last week we were at risk of breaking a key level in the bond market, which could have sent mortgage rates much higher.
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Credit data shows: There’s no housing crash coming

November 15, 2024 by bp56691
Credit data shows: There’s no housing crash coming
The updated New York Fed credit report shows why we won’t see a housing bubble crash anytime soon, despite what your crazy uncle thinks.
Categories Credit Score, Housing Bubble, Housing Crash, Housing Market, HWmember, Mortgage, QM rule

Chrissi Rhea, co-founder of Mortgage Investors Group, has died

November 15, 2024 by bp56691
Chrissi Rhea, co-founder of Mortgage Investors Group and member of the MBA’s board of directors, died on Nov. 8, at the age of 73.
Categories Bob Broeksmit, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Retail Lending

Real estate license reciprocity and portability: A complete guide to where you can practice

November 15, 2024 by bp56691
Real estate license reciprocity and portability: A complete guide to where you can practice
Does moving to another state doom you to a life of re-taking exams? Not necessarily. Check out our guide to real estate license reciprocity.
Categories Real Estate, Real Estate Agent Essentials, Real Estate Education, Vetted by HousingWire

How Rocket Mortgage plans to win in 2025

November 15, 2024 by bp56691
How Rocket Mortgage plans to win in 2025
Rocket Mortgage’s strategy for 2025 includes acquiring more mortgage servicing rights to capitalize on its eye-popping 85% recapture rate.
Categories Annaly Capital Management, HWmember, Mortgage, Mortgage Servicing, Mortgage servicing rights, Refinancing, Rocket Mortgage, Subservicer, Technology

MMI Fund capital reserve is now 5X larger than required

November 15, 2024 by bp56691
The MMI Fund continued to operate well above its statutory minimum of 2%, though trade associations want more affordability action.
Categories Adrianne Todman, Community Home Lenders Association, FHA, HUD, Julia Gordon, Mortgage, Mortgage Bankers Association

The best free real estate CRMs for 2024 (+ 4 low-cost alternatives)

November 15, 2024 by bp56691
The best free real estate CRMs for 2024 (+ 4 low-cost alternatives)
Streamline your client interactions without spending a dime with these FREE real estate CRMs.
Categories Agent, Real Estate, Real Estate Agent Essentials, Vetted by HousingWire

The trigger lead bill looks in doubt post-election

November 14, 2024 by bp56691
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.
Categories CFPB, Congress, Election 2024, House of Representatives, Lead Generation, LendingLife, Mortgage, Origination, Regulatory, Senate
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