mortgages
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Real estate
Rocket Mortgage’s production volume increases 28% in the third quarter
Based in Detroit Rocket companiesthe parent of Rocket mortgagesaw its strategy to invest in technology and expand its services portfolio…
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Real estate
Terry Schmidt says Guild is seeing more interest in reverse mortgages
Guild Mortgage CEO Terry Schmidt said Wednesday during a third-quarter earnings call that Guild’s reverse mortgage division continues to contribute…
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Real estate
The Loan Store partners with Gateless to underwrite AI-powered mortgages
Mortgage technology company Gateless offers its flagship automated underwriting platform to a new lender. The Loan Shop – a wholesale…
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Real estate
Mayor who recommends reverse mortgages calls comments ‘deplorable’
As people on fixed incomes continue to struggle with rising property taxes, the mayor of South Portland, Maine, recently recommended…
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Real estate
Federal housing leaders are speaking about the need for greater understanding of reverse mortgages
Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, Deputy Assistant Secretary of the Office of Housing Counseling at…
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Real estate
FHA Commissioner, HUD Counseling, Chief of Serving Seniors with Reverse Mortgages
Federal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, Deputy Assistant Secretary of the Office of Housing Counseling at…
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Real estate
Opinion: Restoring the American Dream: How 40- and 50-Year Mortgages Can Revitalize Homeownership
The American dream of home ownership is disappearing for many as the gap between wages and home prices continues to…
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Real estate
The quality of loans is taking a hit, even though the number of new mortgages is declining
The overall critical defect rate for mortgages rose in the first quarter of 2024, ending five consecutive quarters of decline.…
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Real estate
Guild’s Jim Cory on corporate confidence in reverse mortgages
At the end of August, Guild Mortgage has announced a range of products called ‘Flex Payment Mortgage’, including Home Equity…
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