How a D.C.-based reverse mortgage assistance program was revived

How a D.C.-based reverse mortgage assistance program was revived

At the end of August, the District of Columbia Housing Finance Agency (DCHFA) announced that it had relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019... Read more »
Rate Has Now Taken 10,000 Mortgage Loan Applications en Español

Rate Has Now Taken 10,000 Mortgage Loan Applications en Español

DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals (NAHREP) Whether it’s refining your business model, mastering... Read more »
How a D.C.-based reverse mortgage assistance program was revived

Mortgage rates drop to another new low for 2024

On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. How low? Mortgage News Daily came out with a shocking print of... Read more »
Record Share of Consumers Expect Mortgage Rates to Fall

Record Share of Consumers Expect Mortgage Rates to Fall

In a world where the housing market often feels like a rollercoaster ride, it’s fascinating to see that a record share of consumers expect mortgage rates to fall. While many are feeling unsure... Read more »
What ICE’s Encompass bombshell means for the mortgage industry

What ICE’s Encompass bombshell means for the mortgage industry

ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and... Read more »
Mortgage rates drop on CPI data

Mortgage rates drop on CPI data

CNBC’s Diana Olick joins ‘The Exchange’ to discuss the latest reports on mortgage rates. Source link Read more »
Rate Has Now Taken 10,000 Mortgage Loan Applications en Español

Hot inflation data sends mortgage rates to new 2024 highs

Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won’t cut rates in June. At Inman Connect Las Vegas, July 30-Aug. 1... Read more »
State financial regulators and FHFA enter mortgage information sharing agreement

State financial regulators and FHFA enter mortgage information sharing agreement

The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) have signed onto a memorandum of understanding to formally share information between each other related to nonbank mortgage... Read more »
How a D.C.-based reverse mortgage assistance program was revived

Mortgage demand increased for the first time in a month

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 »
How a D.C.-based reverse mortgage assistance program was revived

FDIC finds banks violated RESPA on mortgage brokerage payments

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 »