Minnesota-based real estate investment trust Two Harbors has hired industry veteran Kyle Kilpatrick to lead its newly created mortgage originations division, which is part of the company’s strategy to retain borrowers from its servicing portfolio when interest rates drop. “He has experience building direct-to-consumer channel products and businesses from scratch,” Bill Greenberg, president and CEO […]
Mortgages rates reached their highest level since 2000, construction costs rose and building regulations remained burdensome, leaving U.S. housing affordability near a 10-year low point at the end of last year, according to the National Association of Home Builders (NAHB). According to the fourth-quarter 2023 iteration of the NAHB/Wells Fargo Housing Opportunity Index (HOI), only […]
Last year marked the 10th consecutive year of population declines for Illinois. According to estimates from the U.S. Census Bureau, the state lost 32,826 residents from July 2022 to July 2023. Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos Research Market Action Index score of 44, which is […]
A reverse mortgage may be a viable financial instrument to help pay for older Americans’ long-term care priorities, but they — and their implications on
When the Association of Independent Mortgage Experts (AIME)’s CEO Katie Sweeney established Broker Action Coalition (BAC) – AIME’s grassroots network that initiates communications between mortgage
A few days ago, the three main defendants—National Association of Realtors, Keller Williams and HomeServices—in the Sitzer/Burnett case filed two motions with the court. The
Northern California’s copycat commission lawsuit, known as Grace after its lead plaintiffs, has gained five additional defendants. In an amended complaint filed on Friday, the
In October, Google announced coming changes to their email deliverability policy. Other providers like Yahoo and AOL have made similar announcements and will tighten their
Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next
Optimal Blue’s newly launched mobile app for the Optimal Blue PPE – one of the industry’s most widely used product, pricing and eligibility engine – gives loan officers full product and search capabilities from their mobile phones. By giving loan officers the flexibility to access scenario pricing from any location,
A reverse mortgage may be a viable financial instrument to help pay for older Americans’ long-term care priorities, but they — and their implications on entitlement eligibility — need to be fully considered. This is according to a new column at MarketWatch, comparing reverse mortgage product features to other potential
When the Association of Independent Mortgage Experts (AIME)’s CEO Katie Sweeney established Broker Action Coalition (BAC) – AIME’s grassroots network that initiates communications between mortgage brokers and their legislators – in 2022, it was initially to gauge the industry’s appetite for advocacy and reform. “Part of the goal of the
A few days ago, the three main defendants—National Association of Realtors, Keller Williams and HomeServices—in the Sitzer/Burnett case filed two motions with the court. The first was a motion for judgement as a matter of law and the second was a motion for a new trial. These actions by the
Northern California’s copycat commission lawsuit, known as Grace after its lead plaintiffs, has gained five additional defendants. In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties, Twin Oaks Real Estate, Windermere Real Estate Services Company, Rapisdara & Fox and Realty One Group, as additional defendants in
In October, Google announced coming changes to their email deliverability policy. Other providers like Yahoo and AOL have made similar announcements and will tighten their SPAM filters. The changes are set to take effect in February. If you’re currently using email as a form of marketing, staying abreast of these