U.S. single-family home prices continued their upward trajectory in March, marking the 146th consecutive month of annualized gains, CoreLogic reported. Prices rose by 1.2% compared to February 2024 and by 5.3% compared to March […]
Carrington Mortgage Services (CMS) hired Steven Winokur to serve as vice president of marketing for third-party originations (TPO), the company announced Tuesday. In this new role, Winokur will work to increase the company’s emphasis […]
loanDepot delivered another financial loss in the first quarter of 2024, during which the mortgage lender dealt with the impacts of a cyberattack that brought down its systems. The California-based lender recorded a non-GAAP adjusted net loss […]
The official magazine for the National Association of Realtors (NAR) recently touched on the topic of reverse mortgages, mentioning products such as the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) and addressing topics […]
After a brief sigh of relief from sky-high rent spikes, it seems the rent rollercoaster is still on the upswing. The latest data reveals that rent demands are once again on the rise in […]
Finance of America Companies (FOA), which controls the outgoing brands Finance of America Reverse (FAR) and American Advisors Group (AAG), recorded a net loss under generally accepted accounting principles (GAAP) of $16 million in […]
Mortgage capital markets tech firm Polly announced on Tuesday that it has launched “Polly/AI,” which integrates artificial intelligence (AI) technology into the newest version of its product and pricing engine (PPE) and includes a […]
The U.S. Department of Housing and Urban Development (HUD) and the White House announced $5.5 billion in funding on Tuesday that will be distributed through more than 2,400 grants to 1,200 communities in various […]
Mortgage rates eased slightly last week after a cooler-than-expected jobs report. Additionally, the 10-year Treasury yield fell after Friday’s jobs report. HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans […]
In a whirlwind of romance, porn star Stormy Daniels, born Stephanie Clifford, found herself at the center of attention. But this time, it wasn’t for her on-screen escapades — but rather for a lavish […]
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