Study Finds Renting More Affordable Than Buying in Most Major Metros
Renting remains a more cost-effective option than purchasing a home in most major U.S. metros, with only Pittsburgh and Detroit as exceptions.
Rocket Mortgage Offers Up to $5,000 in Closing Cost Assistance for Renters
Rocket Mortgage launches RocketRentRewards, offering homebuyers up to $5,000 in closing cost credits based on their previous rental payments.
Connecticut Multifamily Portfolio of 16 Units Sold for $1.55 Million
Discover the details behind the sale of a 16-unit multifamily portfolio in Connecticut, highlighting investment opportunities for private lenders.
Real Estate Weekly Review: Notable Successes and Shortcomings
Explore the latest trends affecting the mortgage market, including DOGE's influence on legislation, unique developments in Greenland, and Redfin's recent layoffs.
West Coast MLSs collaborate to share listing data effectively.
California’s MetroList, NNRLMS, and ODS are enhancing collaboration by sharing real-time data and market insights, benefiting over 30,000 subscribers across regions.
Exploring Trump’s Real Intentions for the CFPB
Nominating McKernan to lead the CFPB indicates a continued commitment to consumer protection, challenging notions of regulatory rollback in the industry.
UWM and Sphere LOS Establish Direct Integration for Brokers
United Wholesale Mortgage partners with Sphere LOS for direct integration, enhancing collaboration and efficiency in the broker community, as stated by CTO Jason Bressler.
White House Evaluates HUD Programs as Union Leaders Identify Efficiency Goals
HUD leaders express concern, but union representatives see potential for eliminating an inefficient program, signaling possible shifts in mortgage industry practices.
Liberty Reverse parent describes reverse MSRs as a natural hedge.
Liberty Reverse's parent company highlights their reverse mortgage as a "multipurpose tool" and reveals plans for a new private product, enhancing lender options.
loanDepot introduces two new options for home equity access.
loanDepot has expanded its equityFREEDOM portfolio, enabling nearly 50 million homeowners in the U.S. to access their tappable home equity efficiently.