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MAXEX hires Daniel Wallace as chief operating officer

November 12, 2024 by bp56691
MAXEX hires Daniel Wallace as chief operating officer
Wallace brings 30 years of tech-building experience across mortgage, asset management and capital markets.
Categories MAXEX, Mortgage, People Movers, Secondary market, Technology

FOA seeks to ‘modernize’ reverse mortgage outreach efforts to seniors

November 12, 2024 by bp56691
FOA President Kristen Sieffert discusses the creation of a new digital innovation team and a new approach to the company’s product marketing.
Categories Earnings, Finance of America, Marketing, Reverse, Technology

States are making ADUs easier to build. Now it’s up to municipalities to follow suit.

November 11, 2024 by bp56691
The national housing shortage, the benefits of increased density, an ongoing shift in consumer tastes toward smaller homes closer to where the urban action is, and other factors have pushed state legislators to make it easier to build accessory dwelling units. 
Categories Contributors, Opinion, Real Estate

Housing market pauses for election

November 11, 2024 by bp56691
Housing market pauses for election
All housing market indicators were down this week, likely due to the highly watched Presidential Election.
Categories Election 2024, Home Prices, Housing Inventory, Housing Market, HWmember, Presidential Election, Yahoo Finance

Despite everything, NAR hasn’t lost many members (and its budget reflects that)

November 11, 2024 by bp56691
NAR’s Board met at the conclusion of the NAR NXT conference, voting on measures involving candidate vetting, and the 2025 budget.
Categories Canada, Commission Lawsuit, national association of realtors, Real Estate

Real estate industry challenges, change and what to watch in 2025

November 11, 2024 by bp56691
The Counselors of Real Estate weighs in on what 2025 may bring to real estate in its Top Ten Issues report.
Categories Donald Trump, Federal Reserve, Housing Market, HWmember, Mortgage, national association of realtors, Real Estate

Better introduces VA refi loan with no appraisal or closing costs

November 11, 2024 by bp56691
New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs.
Categories Better.com, LendingLife, Mortgage, Origination, Refinancing, VA Loan

Housing inventory drops noticeably on election week

November 10, 2024 by bp56691
Housing inventory drops noticeably on election week
Last week, we saw a noticeable decline in both active inventory and new listings for election week. Is this just the normal seasonal decline?
Categories Housing Inventory, Housing Market, Housing Market Tracker, Mortgage Rates, Purchase Applications

Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention

November 11, 2024November 8, 2024 by bp56691
Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention
Leasehold estates, manufactured homes and mortgage fraud are the key topics in the latest Fannie Mae Selling Guide update.
Categories Appraisals, Appraisals and Valuations, Fannie Mae, Freddie Mac, Government-Sponsored Enterprise, Manufactured Housing, Mortgage, Mortgage Fraud, Origination

Longbridge parent posts softer Q3 earnings while touting proprietary reverse performance

November 8, 2024 by bp56691
Ellington Financial, the parent company of Longbridge Financial, is bullish about the prospects of proprietary reverse mortgages.
Categories Earnings, Ellington Financial, HECM, Longbridge Financial, Reverse
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