Ben Fertig: Mortgage Brokers Have Opportunities in the Residential Real Estate Investor Market
PERSON OF THE WEEK: Today’s mortgage brokers face a plethora of challenges that hinder growth, from volatile interest rates and persistent inventory shortages to...
GridBase Rolls Out New Solution for Encompass Partner Connect Migration
GridBase, offering title and lending technology, has introduced an advanced solution for Encompass Partner Connect (EPC) migration.
The company launched its Order Management integration within...
Zillow Hires Zuhairah Washington as SVP of Market Operations
Zuhairah Washington has joined Zillow Group as senior vice president of market operations and Flex general manager.
Washington is an award-winning business executive with a...
Redfin Reports Small Surge in Home Shoppers to Start the New Year
The New Year kicked-off with some good news for U.S. home sales: There was a 2% increase in the number of people shopping for...
More Than One-Third of U.S. Homeowners Say They Will Never Sell Their Home
Because the cost of housing has soared, more than one-third (34%) of U.S. homeowners say they’ll never sell their home, and another 27% say...
NAR Taps Housing Industry Veteran Sherry Chris as a Consultant to CEO Nykia Wright
Housing industry veteran Sherry Chris has been hired as an independent consultant and special advisor to Nykia Wright, CEO for the National Association of...
L.A. Fires Will Likely Have Significant Impact on Area Housing Market
How much of an impact will the Los Angeles wildfires have on the area housing market?
It is anticipated that this disaster will have at...
December Jobs Report Surprises
About 256,000 jobs were added to the U.S. economy in December - far better than expected - while the unemployment rate was flat compared...
First American: 2025 Will be Only Slightly Better Than 2024
It looks like 2025 could be almost as bleak as 2024 for the housing market, according to a report from First American.
The firm predicts...
Consumer Confidence in the Housing Market Dropped in December
Consumer confidence in the housing market waned in December, causing Fannie Mae’s Home Purchase Sentiment Index (HPSI) to drop 1.9 points compared with November...
Mortgage Rates Continue to Rise, With 30-Year Close to 7 Percent
Mortgage rates continued to increase this week, with the average rate for a 30-year, fixed-rate mortgage reaching 6.93%, up from 6.91% last week, according...
Mortgage Credit Availability Increased Slightly in December
Mortgage credit availability increased in December, rising 0.7% compared with November to a score of 96.6 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...
HUD Updates Multifamily Mortgage Insurance Program Requirements
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) have updated the requirements for several multifamily mortgage insurance...
Mortgage Machine Now Offers an AI-Powered Pricing Engine
Mortgage origination technology firm Mortgage Machine Services now offers an artificial intelligence (AI)-powered pricing engine that ingests and updates pricing for a lender's investors and...
Waterstone Mortgage Promotes Traci Husslein to SVP, Capital Markets
Traci Husslein has been promoted to senior vice president, capital markets at mortgage lender Waterstone Mortgage.
With the advancement, Husslein has also joined the Waterstone...
MBA: Mortgage Application Volume Falls to Start 2025
After dropping 21.9% during the final two full weeks of 2024, mortgage application volume continued to sink 3.7% during the week ended January 3,...
Freddie Mac Appoints James Whitlinger as EVP and CFO
James Whitlinger has been appointed executive vice president and chief financial officer (CFO) at Freddie Mac.
Whitlinger previously served as the company’s senior vice president...
Outamation Unveils Workflow Automation Solution for Loan Modifications
Outamation, which makes automated workflow technology for various industries including the mortgage industry, has unveiled Outamate Mods, a next generation workflow automation solution for...
CoreLogic: Home Price Growth Has Slowed During the Past Year
U.S. home prices increased 0.6% in November compared with October and were up 3.4% compared with November 2023, according to CoreLogic’s home price index....
Xactus Appoints Mike Brown as Chief Product Officer
Mike Brown has been appointed chief product officer at mortgage verifications solutions provider Xactus.
Brown previously served as the firm’s chief integration officer. He has...