Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. But analysts anticipate growth in both purchase and refinance originations this year. According […]
First Home Mortgage Corp. bolstered its presence in the Washington, D.C., region with the opening of a new branch in Bethesda, Maryland, the company announced on Tuesday. In that context, First Home appointed Chris Channell, a 2022 HousingWire Rising Star, to the position of vice president of business development at the Bethesda location. Previously, Channel […]
Earlier this month, the U.S. Attorney’s Office for the Southern District of New York (SDNY) announced that it had made a series of 70 charges against current and former officials from the New York City Housing Authority (NYCHA), alleging bribes and kickbacks and charging them with bribery and extortion. The investigation involved more than a […]
When are interest rates going to come down? Where should mortgage rates be before I buy or refinance my home? How much home can I
Yet another copycat commission lawsuit has hit the court dockets. On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. District Court
Amanda Phillips, EVP of Compliance, ACES Quality Management In the current mortgage landscape, ensuring the highest standards of loan quality is paramount not only during
We’ve done all the research for you to pinpoint the best Georgia real estate schools for every learning style, schedule, budget and timeline. From Atlanta
So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023
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A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. The financials of the deal were not disclosed. Corey Dubnoff, who founded AFR in 1997, will remain as chief administrative officer, and Tim Yanoti will stay on as
When are interest rates going to come down? Where should mortgage rates be before I buy or refinance my home? How much home can I afford today? These are just a few of the questions independent mortgage brokers get asked on a daily basis. The reality is, borrowers are rate
Yet another copycat commission lawsuit has hit the court dockets. On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. District Court in Utah, accusing real estate industry players of colluding to artificially inflate real estate agent commissions. Like the other commission lawsuits, the Jensen suit is
Amanda Phillips, EVP of Compliance, ACES Quality Management In the current mortgage landscape, ensuring the highest standards of loan quality is paramount not only during the origination process but also over the life of the loan. As the mortgage industry grapples with a changing market and regulatory complexities, we sat
We’ve done all the research for you to pinpoint the best Georgia real estate schools for every learning style, schedule, budget and timeline. From Atlanta to Athens and Columbus, this guide will help you choose the ideal real estate school and program in Georgia to get licensed quickly and hit
So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. This calls