UWM increases conforming loan limit to $819,000
UWM increases the one-unit conforming loan limit to $819,000 for conventional and VA loans, anticipating a 1.5% rise in FHFA's baseline.
NAR Settlement One Year Later: Unaddressed Changes and Emerging Concerns
Examine the NAR settlement's impact on real estate commissions. Discover why expected changes in transparency and negotiation have yet to materialize.
CHLA and CAI Advocate for Enhanced Efficiency in Condominium Financing
CHLA and CAI advocate for the Trump administration to permit FHA-backed insurance for condos approved by Fannie Mae and Freddie Mac, enhancing lending options.
American Senior Lending Introduces EquitySelect for Retirees
Discover EquitySelect, a nonrecourse first-lien home equity loan featuring flexible payments from 1% annually and a 40-year fixed term for tailored financial solutions.
Credit Union ONE Completes Acquisition of Icon Mortgage
Credit Union ONE will retain all Icon Mortgage employees, continuing operations as a distinct mortgage lending affiliate to enhance service offerings.
Declining Housing Permits Highlight the Necessity for 6% Mortgage Rates
Housing permits are nearing post-COVID recession lows, prompting homebuilders to seek lower rates to stimulate construction and address housing demand.
Jason Waugh of Coldwell Banker advises agents to adapt in a changing market.
Waugh highlighted that historical downturns in the housing market typically endure three to four years, referencing trends from the 1980s, 1990s, and 2008.
Rabois: Major Cuts Needed, Not iBuying, According to Opendoor Co-Founder
Opendoor's co-founder rejoins the board, advocating for cost reductions while emphasizing the continued importance of iBuying in the company's strategy.
Union Home Mortgage Acquires Sierra Pacific Mortgage Assets, Sources Say
Union Home Mortgage Corp. has agreed to acquire assets from Sierra Pacific Mortgage Co., potentially enhancing its market presence and operational capabilities.
New tool assesses homebuyer interest in off-market properties.
A new tool allows homeowners to present properties online, attracting buyers without formal listings, enhancing visibility and interest in the market.