UWM Sanctioned Following Judge’s Order for Ishbia Deposition
Federal judge mandates UWM's CEO Mat Ishbia to testify in a legal dispute with Atlantic Trust Mortgage, highlighting tensions in the mortgage industry.
Mortgage Lock Volume Declines 9% According to Optimal Blue Analysis
Rate-lock volume drops 9% as 30-year mortgage rates rise to 6.44%. Purchase transactions account for 81%, while adjustable-rate mortgages reach 11%.
Older Americans Face Challenges Staying in Homes That No Longer Suit Them
Many older Americans are opting to remain in their homes, as financial considerations make moving less appealing. This trend impacts housing market dynamics.
HousingWire Purchases Keeping Current Matters to Enhance Local Data for Agents
HousingWire acquires Keeping Current Matters, enhancing real estate agents' tools for hyperlocal market intelligence to secure listings and foster client relationships.
The Gedalje Group Achieves Top 10 Ranking with 468 Sides in Transactions
The Gedalje Group achieved significant growth, closing 468 transactions worth $245 million, securing a top 10 position in RealTrends Verified The Thousand.
The essential verification layer missing in financial systems
As AI transforms financial decision-making, lenders face growing "verification debt." Establishing trusted data is crucial for maintaining systemic stability.
Ohio Effort to Eliminate Property Taxes Fails to Obtain Ballot Signatures
Efforts to abolish property taxes in Ohio face challenges as signature collection falls short; proponents aim for the next ballot opportunity.
Home Equity Withdrawals Hit Highest First Quarter Level in Five Years
Average second-lien HELOC rates have become notably appealing, potentially impacting lending strategies amidst rising home equity withdrawals.
Mortgage and Real Estate Compete for Primary Market Positioning
Discover how mortgage and real estate companies are adapting to persistently high interest rates by pursuing market share growth through mergers and acquisitions.
Darren Macri Appointed President of the Passive House Network Board
Darren Macri has been appointed Board President of the Passive House Network, advancing energy-efficient building practices. Explore the implications for private lenders.