Mutual of Omaha Mortgage has been given more time to respond to allegations against it in a case that accuses the lender of operating manipulative websites that skew reverse mortgage reviews in its favor.The suit, brought by reverse mortgage competitor Longbridge Financial, alleges that Mutual of Om

In a housing market shaped by uncertainty, military veterans and service members are emerging as some of the most confident and prepared homebuyers, outpacing their civilian counterparts.That’s according to a recent index released by Veterans United Home Loans to measure the financial health and opt

We have had three weeks of positive year-over-year growth in both purchase application data and weekly pending contract data, with last week showing a noticeable jump from last year. Now the dose of reality: last year at this time mortgage rates were heading toward 8%, and even though 2023 showed re

Important Note* Check your local forms for options around discussing buyer agency with visiting prospects. Follow your local MLS and broker rules and regulations and master how to speak to the prospects about their options.Open houses are still a fundamental pillar of the business. NAR reports that

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business, it told broker partners on Friday. In an email sent Friday morning, Provident said that it would “no longer be accepting new applications for condominiums” effective that day. Provident told broke

When older homeowners wish to access a portion of their equity, there are multiple options.Of course, selling the home is generally not desirable. A cash-out refinance is also not a prudent pathway for retirees. A refinance not only saddles the homeowner with a required monthly payment but will also

With a little more than two weeks remaining until Election Day, the policy positions of the major political parties’ nominees for president — Democrat Kamala Harris and Republican Donald Trump — have been under the microscope.Each of their potential policies toward the Federal Housing Administration

Since mortgage rates have headed higher again, I was anticipating that today’s housing starts report would be the last decent print before the effects of higher mortgage rates hit the builders, but even this report was disappointing. We had a good few months of positive builder confidence data for t

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Ruoff Mortgage is teaming up with fintech company Calque to offer two “buy before you sell“ programs to customers. The Trade-In Mortgage and the Contingency Buster will be available to

The Council of Federal Home Loan Banks (FHLBanks) lauded this week’s release of a report from the Federal Housing Finance Agency (FHFA), which highlighted the banks’ growth in support of affordable housing and community development efforts in 2023.The report detailed FHLBanks’ activity across severa

A coalition of 34 Democratic senators and representatives submitted a letter this week to President Joe Biden, urging him to direct the U.S. Department of Justice (DOJ) to investigate the pricing practices of Fair Isaac Corp. (FICO)’s credit reports.The letter also encourages the president to direct

Real estate professionals will be looking to the recent decision in the Moratis commission lawsuit as they seek clarity on the outcomes of related cases. (Image generated by AI in Midjourney)In the nearly 12 months since a Missouri jury found the real estate industry liable for colluding to artifici

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.According to the National Association of Realtors (NAR), 96% of homebuyers use the internet in their home search. It’s now more crucial than ever to optimize

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.As a professional marketer, your real estate landing pages are one of your most valuable lead generation assets. Get them right, and your ROI from paid leads

Former Open Mortgage executive Brenda Hedeen has been hired by Utah-based Canopy Mortgage as its new chief financial officer. “I was delighted when they reached out as I’ve had my eye on this group for years … they have it all: Techcentric, innovative, cost-effective, amazing culture, truly transpar

Guild Mortgage announced on Thursday that it has hired Nora Guerra, who worked at Freddie Mac for more than five years, as its senior vice president of community lending solutions.A mortgage industry veteran with over 25 years of experience, Guerra has recently served as senior manager of national a

The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA).The report detailed FHLBanks’ activity across several programs that include the Affor

Wall Street investors and analysts forecast that mortgage credit-score costs will rise in 2025 as lower interest rates may drive an increase in home loan applications. Fair Isaac Corp. (FICO), the company that retains the rights to the market’s widely adopted consumer credit-risk assessment methodol

The Agency founder Mauricio Umansky doesn’t think that the game of “musical chairs” that is agent recruiting is good for the real estate industry, but this week his company can tally a win.Dallas-based luxury real estate agents Courtney Michalek and Andrea Childress have joined The Agency to bolster

The North Carolina Regional Multiple Listing Service (NCRMLS) is making a move to foster connectivity between real estate agents and consumers.NCRMLS — a wholesale cooperative MLS founded in 2016 — has announced its plans to rebrand to Hive MLS in conjunction with Hive Solutions. Hive MLS will charg