Click n’ Close pairs 5/1 ARM with down payment assistance for new homes
The program — called the SmartBuy 5/1 ARM Down Payment Assistance product — offers a first mortgage alongside a repayable second mortgage.
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Rocket pushes back debt exchange deadline amid Mr. Cooper deal
Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor.
RealTrends Verified mega team Noble Black & Partners returns to Corcoran
Noble Black and his team are returning to Corcoran with a $500 million listing book after a decade with Douglas Elliman
$12.7 trillion in US homes face severe climate risks
Data shows threats from flooding, hurricane winds and wildfires increasingly reshaping housing markets and insurance availability.
Reverse mortgage production metrics took a tumble in August
Despite a sharp decline in August endorsements, wholesale sponsors like Longbridge and Finance of America helped to sustain volumes.
HomeAdvantage forms advisory board with credit union leaders
The group will work to exchange best practices, identify opportunities and provide input on referral programs.
Crittora launches secure real estate document delivery tool
The American Land Title Association estimates that one in three real estate transactions are targeted for wire fraud attempts.
Advalis CEO speaks on expanded FinCEN compliance platform
The platform is designed for title companies, escrow officers and settlement agents facing FinCEN’s Residential Real Estate Reporting Rule.
Lower mortgage rates pushed inventory lower in August
Year-over-year inventory growth has dropped from recent highs of 33% to 22%, despite mortgage rates not yet approaching 6%.
Trump’s ‘liberation day’ tariffs ruled illegal, but stay in place for now
The sweeping tariffs President Trump implemented on April 2 have been ruled illegal by a federal appeals court