Have lower mortgage rates boosted housing demand yet?
Does a promising increase in purchase applications indicate that the housing market is beginning to wake up just in time for spring?
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Single women homebuyers are outpacing single men by a 2-to-1 ratio
NAR data for 2024 revealed that 62% of homebuyers are married couples, 20% are single women and 8% are single men.
UWM’s Jason Bressler explores Sphere LOS integration
In this episode of the PowerHouse podcast, Diego Sanchez interviews UWM CTO Jason Bressler about the lender’s integration with Sphere LOS.
Jet HomeLoans acquires Cherry Creek’s securitization, servicing operations
The deal, which closed on March 4, should provide Jet HomeLoans with greater secondary execution it can use to help homebuyers with affordability.
Mutual of Omaha amends counterclaim against Longbridge Financial
Mutual of Omaha has fired back with an amended counterclaim in its lawsuit with Longbridge Financial over deceptive advertising allegations.
Union Home Mortgage adds two executive leaders
Ohio-based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer.
2025 labor market holds key for mortgage rates
The labor market is getting softer. But, there is a limit to the downside on mortgage rates until the labor market breaks.
Reverse mortgage endorsements, securities issuance fell in February
HECM endorsements and HMBS issuance declined in February, which some professionals said reflected higher mortgage rates at the start of 2025.
Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes
Fresh off a marathon confirmation hearing to assess the fitness of four Trump administration appointees, Sen. Elizabeth Warren (D-Mass.) is castigating each of the candidates after reviewing their answers to her questionnaires.
25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors
25 Canadians have been charged by U.S. authorities with bilking older Americans out of an estimated $21 million.