The availability of mortgage credit increased in January, according to a report issued by the Mortgage Bankers Association (MBA) based on data sourced from ICE Mortgage Technology.The MBA’s Mortgage Credit Availability Index (MCAI) increased in January to 92.7, or by 0.7% over December’s figure, bas

Last year was a challenging one for reverse mortgage business activity, and it likely hit no one harder than the industry’s front-line loan originators. After enduring challenges stemming from higher interest rates, stricter qualifications and broader industry consolidation, loan officers seem to be

A Zillow analysis of U.S. Census Bureau data released Friday shows that the youngest group of prospective homebuyers, Generation Z, are bucking a larger trend by moving to California.Even as California lost nearly 215,000 residents to net migration in 2022, census data also shows that the Golden Sta

The portal wars are heating up. In an attempt to reach residential listing portal supremacy, CoStar Group (the parent company of Apartments.com and Homes.com) will air four advertisements during this Sunday’s broadcast of Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs.“T

A lawsuit against the “All-In” initiative at United Wholesale Mortgage (UWM) should be dismissed, a federal judge said, citing inadequate evidence to prove accusations against the lender. Florida-based Okavage Group sued UWM in April 2021, following the lender’s announcement of an ultimatum that the

Beginning this year, the baby-boom generation — primarily those born between 1945 and 1960, depending on the social scientist you talk to — will reach “peak 65.” This is the beginning of a period that will see the largest numbers of the cohort turn age 65.But as the population reaches this milestone

Anywhere Real Estate named Joseph Z. Lenz to its board of directors, the company announced on Thursday. The appointment will be effective starting Feb. 13, 2024. Lenz currently serves as managing director and co-head of research for credit solutions at TPG Angelo Gordon, a prominent global asset man

Real estate farming, otherwise known as geo-farming, is a dependable lead generation method that can help to create a steady pipeline of real estate leads and clients in your area. Real estate farming is a slow-burn strategy where consistency and intentionality matter, but when it’s done right, your

People have been screaming about a housing bubble crash on social media sites for over 12 years. The truth is, U.S. housing credit looks very different than in 2005, 2006, 2007 or 2008. Homeowners have actually never looked better and the data from the Federal Reserve‘s Quarterly Report on Household

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. After

Mortgages rates reached their highest level since 2000, construction costs rose and building regulations remained burdensome, leaving U.S. housing affordability near a 10-year low point at the end of last year, according to the National Association of Home Builders (NAHB).According to the fourth-qua

Last year marked the 10th consecutive year of population declines for Illinois. According to estimates from the U.S. Census Bureau, the state lost 32,826 residents from July 2022 to July 2023.Despite the population decline, Illinois’ housing market remains relatively strong. The state has an Altos R

Home prices increased in the fourth quarter of 2023 as mortgage rates declined. More than  85% of U.S. metro markets analyzed registered home price increases, up from 82% in the previous quarter, according to a report from the National Association of Realtors (NAR).Among the 221 metro areas studied,

E-signature company DocuSign laid off 6% of its workforce, or about 400 employees, following reports that the fintech company’s talks in exploring a sale have stalled.A majority of the impacted positions came from the company’s sales and marketing organizations, the company said. DocuSign had 7,336

This week, Mortgage Cadence announced that it had appointed longtime reverse mortgage industry professional George Morales to serve on its sales team. The company is aiming to bring more reverse mortgage technology solutions to potential partners already in the industry and those that have yet to en

When creating retirement plans, people often consider their investments and other financial assets when determining the future course to take, but they rarely consider what is often their most valuable asset: their home.This is according to Steve Resch, vice president of retirement strategies at Fin

Minnesota-based real estate investment trust Two Harbors has hired industry veteran Kyle Kilpatrick to lead its newly created mortgage originations division, which is part of the company’s strategy to retain borrowers from its servicing portfolio when interest rates drop.“He has experience building

Many factors prompt homeowners to relocate — and local laws and politics are increasingly among them. About one-third (32%) of real estate agents report having worked with at least one client who wanted to move for political reasons, according to a new Redfin report. Typically, housing affordability