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Affordability Boosts Indianapolis Housing Market 

According to Zillow’s annual predictions, Indianapolis will be the fourth-hottest real estate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand.  The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. Overall, the Midwest, the Great Lakes and the

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The Top 10 Reverse Mortgage Lenders Of 2023

After a year of challenge in the reverse mortgage industry, the major lenders in the industry look a bit different for calendar year 2023 when compared with recent years past. Reduced volume, a challenging mortgage rate environment and industry consolidation has contributed to some of the broader changes. Here are

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NAF In Talks To Acquire Draper & Kramer Mortgage Corp.: Sources 

Top-35 mortgage lender New American Funding (NAF) is in negotiations to acquire Chicago-based retail shop Draper & Kramer Mortgage Corp. (DKMC), multiple sources told HousingWire. The sources said negotiations are in the late stages and remaining details are expected to be finalized this month. As part of the deal, NAF

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Real Estate Momentum Slows As Interest Rates Rise Again: Altos

For several weeks, I’ve been reporting data that shows the housing market growing in 2024. Those metrics, specifically the pace of new listings and new sales contracts, slowed this week. Our immediate sales metric of homes that get offers within a couple days of listing also slowed. New listings and

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Former Cenlar FSB Exec Joins Ranieri Solutions As CEO

Uniondale, New York-based Ranieri Solutions brought on Rob Lux as its CEO to spearhead the company’s go-to-market efforts for its cloud-native servicing platform.  Lux joins the mortgage tech company from Cenlar FSB, the nation’s largest subservicer, where he served as executive vice president and chief operating officer for the past

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