Reverse mortgage case numbers reach two-year high point

Reverse mortgage case numbers reach two-year high point

Home Equity Conversion Mortgage (HECM) endorsements saw a healthy increase in October 2024. They jumped by 11.3% to 2,392 loans for the month, according to data compiled by Reverse Market Insight (RMI).... Read more »
Commentary: Homes are out of reach in L.A. County’s middle-class towns

Commentary: Homes are out of reach in L.A. County’s middle-class towns

Everyone wanted to come to California — that was the generational backdrop of my parents and grandparents. Then, in the 1950s, housing was so abundant that a family of rural Norwegian immigrants... Read more »
Will Las Vegas Home Prices Reach New Highs in 2024?

Will Las Vegas Home Prices Reach New Highs in 2024?

The Las Vegas housing market has been a topic of much discussion and speculation about home price declines. As we look towards the rest of 2024, potential buyers and sellers are keen... Read more »
DOJ, Nutter Home Loans reach .4M settlement over False Claims Act allegations

DOJ, Nutter Home Loans reach $2.4M settlement over False Claims Act allegations

The U.S. Department of Justice (DOJ) announced this week that it has secured a $2.4 million settlement from James B. Nutter & Co., aka Nutter Home Loans, to resolve allegations that the... Read more »
Lenders, reach more buyers with new credit optimization platform

Lenders, reach more buyers with new credit optimization platform

In a competitive market where most borrowers are mortgage rate shopping, credit optimization can be the difference between closing a loan or losing out to an offer from a competitor. Here why CreditXpert’s... Read more »
CA Home Sales Reach Highest Level in Six Months

CA Home Sales Reach Highest Level in Six Months

California existing home sales rebounded in January to the highest level in six months as mortgage rates pulled back sharply at the end of 2023, the California Association of Realtors (C.A.R.) said Friday. Closed... Read more »
Wire and title fraud risk reach an all-time high in Q4: report

Wire and title fraud risk reach an all-time high in Q4: report

Wire and title fraud risk reached an all all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud, according to FundingShield‘s... Read more »
Offerpad, Anywhere team up to expand iBuyer’s reach

Offerpad, Anywhere team up to expand iBuyer’s reach

Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer‘s services nationwide, according to an announcement on Thursday. Offerpad operates in 14 states. The partnership extends Offerpad’s reach by... Read more »