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Single women homebuyers are outpacing single men by a 2-to-1 ratio

March 8, 2025 by bp56691
NAR data for 2024 revealed that 62% of homebuyers are married couples, 20% are single women and 8% are single men.
Categories First-Time Homebuyers, Homebuyers, Homeownership, Housing Market, HWmember, national association of realtors

UWM’s Jason Bressler explores Sphere LOS integration

March 8, 2025 by bp56691
In this episode of the PowerHouse podcast, Diego Sanchez interviews UWM CTO Jason Bressler about the lender’s integration with Sphere LOS.
Categories Artificial Intelligence, HWmember, Lenders, LendingLife, Mortgage, Origination, Podcast, Podcasts, Technology, United Wholesale Mortgage, Wholesale Lending

Jet HomeLoans acquires Cherry Creek’s securitization, servicing operations

March 7, 2025 by bp56691
The deal, which closed on March 4, should provide Jet HomeLoans with greater secondary execution it can use to help homebuyers with affordability.
Categories Cherry Creek Mortgage, Cherry Creek Mortgage Co., Homebuilders, HWmember, Mergers and Acquisitions, Mortgage

Mutual of Omaha amends counterclaim against Longbridge Financial

March 7, 2025 by bp56691
Mutual of Omaha has fired back with an amended counterclaim in its lawsuit with Longbridge Financial over deceptive advertising allegations.
Categories HWmember, Lawsuit, Legal, Longbridge Financial, Marketing, Mutual of Omaha Mortgage, Reverse

Union Home Mortgage adds two executive leaders

March 7, 2025 by bp56691
Ohio-based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer.
Categories Houston, HWmember, Lenders, Mortgage, Ohio, People Movers, Team Leaders

2025 labor market holds key for mortgage rates

March 7, 2025 by bp56691
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.
Categories Bureau of Labor Statistics, Department of Labor, Federal Reserve, Housing Market, HWmember, Inflation, Mortgage Rates

Reverse mortgage endorsements, securities issuance fell in February

March 6, 2025 by bp56691
HECM endorsements and HMBS issuance declined in February, which some professionals said reflected higher mortgage rates at the start of 2025.
Categories HECM, HMBS, HWmember, New View Advisors, Reverse, Reverse Market Insight

Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes

March 6, 2025 by bp56691
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.
Categories CFPB, Elizabeth Warren, FHFA, HWmember, Mortgage, Politics, Regulatory, Senate

25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors

March 6, 2025 by bp56691
25 Canadians have been charged by U.S. authorities with bilking older Americans out of an estimated $21 million.
Categories AARP, ALTA, Canada, FBI, HWmember, Legal, national association of realtors, Reverse

3 metrics in Friday’s jobs report that will affect mortgage rates

March 6, 2025 by bp56691
HousingWire Lead Analyst Logan Mohtashami outlined three things to look for in Friday’s job report to know where mortgage rates are headed.
Categories Housing Market, HWmember, Jobs Report, Mortgage Rates, Politics, Recession
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