New Jersey reverse mortgage counseling bill may hinder senior home equity access.
NRMLA expresses opposition to a New Jersey proposal altering reverse mortgage counseling requirements, highlighting concerns for private lenders in the region.
Millrose Achieves Disciplined Growth Through Strong Partnerships
The 2025 homebuilding landscape sees slowed new construction and increased cancellations, while Millrose Properties innovates in land banking and development.
Figure Reports Significant Profit Growth and Revenue Increase
Figure reported significant growth, with net revenue reaching $506.9M, a 49% increase. Net income stood at $134.3M, supported by a volume of $8.4B.
Minor FICO Score Improvements Can Alleviate Homebuying Expenses
Research shows that raising an average FICO score to the 760 threshold typically takes 1.5 to 3 years across most states, highlighting borrower challenges.
In Texas, buyers are influenced by the memory of 2.65% mortgage rates.
Homebuilders in Texas face challenges as buyers cling to pandemic-era rates, impacting market dynamics. Understanding this psychological bias is essential.
Massachusetts legislation would require fair housing training for real estate agents.
Massachusetts Senate passes S.2959, mandating four hours of fair housing training and stricter penalties, impacting private lenders and compliance practices.
Building a Business on Relationships: The Limits of Automating Trust
Explore the essential role of personal relationships in the mortgage industry, emphasizing their importance in driving growth and revenue, despite the rise of AI technology.
Compass Listings Set to Appear on Redfin Soon
Compass will syndicate coming soon listings to Redfin, allowing seller opt-out and enabling listing agents to claim leads within 24 hours.
Whitmer Advocates for Housing Reform in Michigan to Reduce Regulations
Gov. Gretchen Whitmer advocates for a housing initiative featuring an affordable-housing tax credit to enhance construction for working-class Michiganders.
Rocket increases revenue to $6.7 billion and expands market share.
Rocket CEO Varun Krishna highlighted significant market share gains and growth, marking a pivotal year for the company in the evolving mortgage landscape.