Mortgage Applications Decrease by 1.6% as Borrower Intent Diminishes
Mortgage applications declined 1.6% as 30-year fixed rates reached 6.37%. While refinancing decreased by 4%, purchase activity increased by 21% year over year.
Mortgage Executives Discuss Hidden Risks of Credit Score Reform
Mortgage industry experts warn that new credit score models and lender choice may increase delinquencies, alter pricing grids, and ultimately impact borrower costs.
Newrez Maintains Pricing Discipline, Increases Q1 Earnings Despite Volume Decline
Newrez reports increased profits through a disciplined pricing strategy despite challenging mortgage competition, contributing positively to Rithm Capital's overall performance.
Minnesota’s Efforts to Reform Zoning for Starter Homes Fall Short
Minnesota's latest attempt to boost starter-home construction is struggling in the legislature, with key zoning reforms facing significant obstacles.
Century’s Spec and Land Optionality Model Diverges from Industry Trends
Century Communities increased its gross margin to 17.8% while reducing incentives to 12.5% amid slower deliveries, exceeding 2,000 units in Q1.
Real to Acquire REMAX in $880 Million Transaction, Creating Real REMAX Group
Real is set to acquire RE/MAX in an $880M deal, creating Real REMAX Group. This merger unites 180,000 agents and integrates brokerage, franchise, and fintech services.
Jesse Allen Discusses Implementation of Rate’s Reverse Mortgage Strategy
Jesse Allen explores Rate's reverse mortgage expansion, highlighting proprietary products, market share growth, and advancements in LOS and CRM systems.
Real Estate Highlights and Trends from the Recent Week
Explore the Tampa Bay Rays' stadium valuation, the merger of regional realtor groups, and shifts in starter home demand impacting the real estate landscape.
Two Loan Officers Advocate for Proprietary Reverse Mortgage Legislation in Tennessee
Tennessee's new bill enables proprietary reverse mortgages, offering private lenders opportunities beyond HECMs and their $1.25 million limit, enhancing options.
7 Essential Data Sources Private Lenders Overlook for Smarter Deals
Most private lenders track whether payments arrive. Few track the behavioral patterns, compliance signals, and portfolio trends that reveal where a note is actually headed. These seven data sources are the ones consistently overlooked - and each one directly improves deal quality and risk management.