Kevin Brown’s Strategy to Reinvigorate Realtor Activity
Kevin Brown, a seasoned Realtor with nearly five decades of experience, has been appointed to lead a century-old trade group, bringing valuable industry insights.
Mortgage Applications Decrease by 5.2% Following Rate Increase
Mortgage applications declined 5.2% as rising rates impacted refinance and purchase activities, signaling potential shifts in market dynamics for private lenders.
Liquidity and insurance premiums are key concerns in the HUD reverse mortgage review.
HUD's RFI on reverse mortgage programs emphasizes the industry's attention to mortgage insurance costs and liquidity challenges, prompting vital discussions among private lenders.
Long-term structural shifts support the growth of build-to-rent housing.
"Explore how affordability challenges and shifting demographics are reshaping the U.S. housing market, driving demand for single-family rental communities."
Adapting to Innovation in a Changing Mortgage Market
In a dynamic market, lenders can gain a competitive edge by enhancing customer experience, improving operational efficiencies, and adapting to changes swiftly.
RE/MAX Reports a 3.2% Increase in Home Sales Compared to Last Year
Discover the latest trends in home listings and sales data, highlighting shifts that may impact private lenders and investment strategies in the housing market.
Ackman deems GSE stock sale impractical and proposes alternative plan
Billionaire investor Bill Ackman unveils a three-step plan for Fannie Mae and Freddie Mac, declaring a stock offering as unfeasible amidst ongoing industry challenges.
Bright MLS to Incorporate ICE’s Paragon Connect Platform Integration
Agents can efficiently manage property listings and generate comparative market analyses seamlessly on both desktop and mobile devices for enhanced client service.
PHH Mortgage to cease reverse originations and sell MSRs to Finance of America.
Onity Group is divesting $9.6 billion in reverse mortgage servicing rights to Finance of America, marking its exit from the reverse origination sector.
Foreclosure Activity Rises Close to 20 Percent
Tampa, Florida, leads major metros with the highest foreclosure rate, reporting one foreclosure for every 1,373 housing units, impacting private lenders' strategies.