Real estate
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Mortgage rates rise to 7% after Powell’s speech
Jerome Powell, the chairman of the Federal Reservesaid Thursday that the U.S. economy is “not sending any signals that we…
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HECM remains in the black
The reverse mortgage portion of the Federal Housing Administration‘s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has achieved a positive capital…
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Sam Valverde resigns from Ginnie Mae
Sam Valverde, currently acting president of Ginny Maeis resigning from his position effective November 30, 2024, according to an announcement…
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How Marketing Technology Can Empower Loan Officers in 2025
Should the goal of marketing technology be to ensure that a loan officer never has to log in? Or should…
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The capital reserve of the MMI Fund is now 5x larger than required
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of…
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Mortgage rates are dodging a bullet – for now
Last week we risked breaking a key level in the bond market, which could have pushed mortgage rates much higher.…
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Real Estate License Reciprocity & Portability: A Complete Guide
Alabama Reciprocity: Full reciprocity. Agents will need to take a six-hour course and apply for an Alabama real estate license.…
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Chrissi Rhea, co-founder of Mortgage Investors Group, has died
Chrissi Callaghan Rhea, co-founder of Mortgage Investors Group and member of the Association of Mortgage Bankers (MBA) board of directors,…
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Credit data shows that there is no housing crisis
Credit stress data When the next recession with job losses occurs we will see a rise in credit stress figures…
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How Rocket Mortgage plans to win in 2025
Rocket companiesThe third quarter earnings call provided a glimpse into a key element of the 2025 strategy Rocket mortgage –…
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