The Impact of Rising Rates on Reverse Mortgages
Explore emerging trends in reverse mortgages as experts analyze the impacts of economic uncertainty and rising interest rates on private lending strategies.
NJHMFA Sells $40 Million in Tax Credits to Enhance Affordable Housing Development
New initiative seeks to draw private investment into New Jersey's affordable and workforce housing projects, enhancing community development and growth.
Exploring Why the Mortgage Industry Prioritizes Buyers Over Sellers
Explore how seller-paid commissions impact pricing dynamics in real estate, influencing market perceptions and offer strategies for private lenders.
Milliman Acquires Blue Water’s MSR Valuation and Hedging Unit from Apex Analytics
Consulting firm Milliman has enhanced its mortgage servicing rights valuation and hedging services by acquiring Blue Water from Apex Analytics, bolstering its offerings.
Alex Song on Building Homeowner Loyalty Through Everyday Engagement with Made Card
Discover insights from Made Card co-founder Alex Song on the importance of post-close engagement for lenders, highlighting recapture rates and user metrics.
Kim Smith Discusses SmartFi’s Approach to Expanding the Reverse Mortgage Market
Discover how lenders can enhance growth by empowering loan officers with the necessary tools and education to successfully offer reverse mortgages to clients.
You Remain Accountable When Your AI Vendor Makes Errors
Mortgage servicers must manage AI-driven account decisions under OCC guidance, GSE requirements, and Treasury controls, ensuring compliance through robust vendor contracts.
Home sales show improvement, but higher rates are dampening demand.
Spreads remain at 1.94%, supporting rates under 7%. Purchase applications show a 0.2% year-over-year increase, while pending sales stabilize.
June Sees 1.6% Increase in New Home Sales
Discover insights on the recent increase in new home sales and the implications for median sale prices in the housing market. Read more for details.
Beware of Misleading Information About Foreclosure Trends
Foreclosures rise by 21%, indicating market normalization rather than crisis, with new listings limited and homeowner equity staying robust.