Fairway Independent Mortgage Corporation announced on Tuesday a series of reverse mortgage maneuvers designed to increase the company’s investment in the space. The first initiative is the decision to rejoin the National Reverse Mortgage Lenders Association (NRMLA), which the company left at the end of 2021 under previous reverse division leadership. “Fairway is renewing its […]
More Americans are reaching the milestone age of 65, and these people are redefining what 65 looks like in comparison to prior generations — with a raft of implications for American society. This is according to a recent story published by the The Wall Street Journal. “Today’s 65-year-olds are redefining a milestone long associated with […]
In today’s rapidly changing technology landscape, businesses in the title insurance, mortgage and real estate industries must prioritize cybersecurity response planning and business continuity. The second in our “Reducing Risk” series, this month’s article provides practical strategies for safeguarding your enterprise to ensure its resilience against cyber threats. By breaking down complex concepts into bite-sized […]
A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon […]
Illinois-based Baird & Warner, an independent real estate brokerage, partnered with proptech firm RealReports, the companies announced Tuesday. The news comes on the heels of the Keyes Company’s partnership with RealReports in October 2023. The collaboration is designed to allow all of Baird & Warner’s 2,000-plus agents to benefit from RealReports’s wide-ranging property data. RealReports provides […]
Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. The impact of the pandemic and an unprecedented refinance boom followed in short order by the highest interest rates seen in decades cannot be overstated. Today, as we face what appears to be the beginning […]
Gareth Borcherds, managing director, Ascent Software Group The GSEs are taking a closer look at how they evaluate collateral risk. Appraisal modernization is vital. Gareth Borcherds, managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can help scale new initiatives and more in this executive conversation. HousingWire: What […]
Are last year’s surprising home price gains evaporating? As interest rates climb again, some of the price signals are softening. Inventory is climbing vs. last year, and home prices have stayed flat for three weeks now. The price reductions data has turned less bullish for future sales also. Mortgage rates are back over 7%. We […]
Reston, Virginia-based Ardley Technologies announced on Tuesday the launching of its white-label automated underwriting engine called Autopilot, which the company states will enable lenders to create instant, conditional loan approvals for qualified borrowers. “The main thing about Autopilot is the speed with which we can offer a decision to a borrower,” Nate Den Herder, founder and CEO […]
