New broker-lender agreements are reshaping how reverse mortgage companies work together while taking aim at one of the industry’s most persistent problems: churning. But the agreements come with caveats. They…
Mortgage applications decreased 0.8% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending April 3. On an unadjusted basis,…
More than 52,000 homes in Florida and Arizona have slashed asking prices as the once-red-hot Sunbelt market faces its most significant correction since the post-2008 recovery. Roughly 45% of all…
Mortgage rates have soared in the past month, but market participants appeared to take a wait-and-see approach this week as they contemplate further price increases for home loans. On Monday,…
WARWICK – Corvias Group LLC has partnered with the U.S. Army to invest $11 million to install new flooring in nearly 1,000 military family homes across six bases. The six-year effort…
PROVIDENCE – Rhode Island is the seventh-best state in the nation for working from home, according to WalletHub. The personal finance website based in Washington, D.C., compared the 50 states…
The Real Brokerage Inc. added Arizona real estate leader Randy Anaya and his 65-agent team, Equity Realty Group, expanding the company’s footprint in Phoenix’s Southwest Valley, the company announced. Equity…
Let me be straight with you. A research report is floating around out there from the University of Georgia, and some people in our industry are using it to make…
Redding, California-based Reverse Focus announced April 3 that it has entered into a definitive agreement to acquire Apiro Marketing as it looks to expand beyond reverse mortgages and deepen its…
Mortgage delinquency rates are increasing modestly from historic low points as declining cure rates push more borrowers into serious distress, even as affordability has improved on a year-over-year basis, according…