Beth Hammack’s Perspective on the Need for Additional Rate Hikes
Oil prices hovering around $70 may influence the economy, but persistent inflation and strong employment figures keep mortgage rates elevated amidst ongoing Fed discussions.
MRED Pursues Arbitration in Zillow Antitrust Case
MRED seeks court approval to compel arbitration with Zillow, aiming to pause claims ahead of a crucial two-day hearing on a preliminary injunction motion.
Are Lower Mortgage Rates Indicating a Possible Trend Shift?
As mortgage rates rise, housing professionals see relief with recent dips in home loan costs, offering potential opportunities for private lenders.
Case-Shiller Report Indicates Inflation Surpassing Home Price Growth
Case-Shiller index shows April increase of 0.8% amidst 3.8% inflation. The 20-city index up 1.1%, while Seattle experiences a decline of 2.3%.
Figure CEO believes $300M prefunded securitization provides added certainty for originators.
Figure has successfully closed a $300 million prefunded securitization for Figure Connect loans, enabling capital commitment from investors ahead of loan origination.
Joe Rath: Progress of Rocket-Redfin Integration Following $1.75B Deal
Rocket's integration with Redfin progresses ahead of schedule post-$1.75B deal, with 75% of sellers indicating a willingness to move if friction is reduced.
Purchase loan closing costs decreased by 2.9%, according to LodeStar.
Purchase closing costs decreased by 2.9% across 28 states, with D.C. experiencing a significant drop of 21.1%, while Delaware saw a rise of 4.5%.
The mortgage industry embraces AI while aiming for sustainable growth.
As the mortgage sector embraces AI for efficiency, regulatory compliance challenges emerge. Lenders need scalable solutions to balance innovation and accountability.
Hometap Expands Home Equity Investment Product to Five Additional States
Hometap broadens its Home Equity Investment product, now available in five additional states, providing homeowners cash in exchange for a share in future value.
South Dakota Coalition Unable to Qualify Ballot Measure for Property Tax Law
Explore the implications of the cost-of-living crisis on South Dakota residents as a coalition's attempt for a ballot measure on property tax law fails.