Arixa Capital, a private real estate lender and alternative investment manager based in Los Angeles, said Wednesday it had surpassed $4 billion in cumulative loan originations. The company said the milestone underscores the loyalty... Read more »
The U.S. Department of Veteran Affairs (V.A.) announced on Wednesday morning a program to purchase defaulted V.A. loans from mortgage services and place them in its portfolio at a fixed 2.5% interest rate. The Veteran... Read more »
Mortgage demand increased slightly for the first time in four weeks, with a modest uptick in refinance applications leading the way. But don’t expect it to continue. Mortgage applications increased by 0.1%... Read more »
Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage... Read more »
Mortgage brokers’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services... Read more »
R New York, a brokerage boasting approximately 800 agents, has joined the American Real Estate Association, an alternative to the National Association of Realtors (NAR), according to The Real Deal. The American... Read more »
Finance of America Companies (FOA), parent company of industry-leading reverse mortgage lender Finance of America Reverse (FAR), released a new “investor update” this week to update shareholders and other stakeholders on different... Read more »
HomeEquity Bank, the leading reverse mortgage lender in Canada and a Schedule I federal bank in the country, announced on Wednesday that its longtime president and CEO Steven Ranson will retire effective... Read more »
Last year, amid a drum-tight rental market, Sydney Wright pondered leaving California. With her $72,000 salary, the thirtysomething from La Crescenta said the only one-bedroom apartments she could find were either too... Read more »
Nancy Ahlum’s April sale in Saucon Valley for $6,200,000 is the second highest residential sale price ever recorded in the MLS for the Lehigh Valley. In 2022 Nancy listed and sold a... Read more »