Josh Moody, a mortgage industry veteran with more than 20 years of experience and nearly $2 billion in career sales volume, recently joined Highlands Residential Mortgage. Based in Addison, Texas, Moody most... Read more »
The landscape of the US housing market is ever-evolving, and with it, the dynamics of mortgage rates. As we navigate through 2024, a noticeable trend has been the rising mortgage rates, which... Read more »
A ‘For Sale’ sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. Joe Raedle | Getty Images The usually busy spring housing market... Read more »
The Consumer Financial Protection Bureau (CFPB) this week released its 2023 Consumer Response Annual Report, offering an overview of consumer complaints in a variety of industries overseen by the bureau. While much... Read more »
The state of California is maintaining its mortgage relief program funded by the 2021 American Rescue Plan, which includes assistance for reverse mortgage borrowers. But the funding is running low and could... Read more »
Mike Kortas and Mat Grella, the longtime owners and co-founders of America’s largest mortgage brokerage, NEXA Mortgage, are in negotiations to end their partnership. In the meantime, Kortas announced during a weekly... Read more »
Did a pandemic-related financial crunch leave you with mortgage troubles? The state may be able to help, but not for much longer. The California Mortgage Relief Program offers up to $80,000 to... Read more »
New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to... Read more »
Mortgage rates rose this week as the yield on the benchmark 10-year Treasury note inched up. As of Monday, the yield on the 10-year U.S. Treasury note was about 4.25%, according to... Read more »
HUD seeks public comment on updates to reverse mortgage documents