As homebuyer demand cools as a result of October mortgage rates hitting their highest level in over two decades, a new Redfin report showed that the share of home sellers offering concessions to attract more buyers is increasing, as some experts say house hunters are "pickier than ever before."
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Cornerstone Names New Head of Retail
Jay Crowell, former President of the Pacific Northwest Region for Cornerstone Home Lending, has been promoted to President of the National Retail Division, tasked to drive the strategy and...
Zillow Group Promotes New COO
Jun Choo, who joined Zillow when the company acquired Trulia in 2015, has been promoted to Chief Operating Officer, where he will oversee Zillow's for sale business strategy and operations. The...
How Much Are U.S. Homeowners Struggling to Make Mortgage Payments?
According to a new survey, many Americans earning less than $50,000 per year still struggle to pay for housing, despite having additional side jobs, skipping meals, or postponing or avoiding...
Putting a Focus on the Borrower’s Experience
While technology is upgraded and elevated in the mortgage space, nothing can replace the deep understanding of a borrower’s needs that only a lender can have. The post Putting a Focus on the...
Residential Remodeling Market Set for 2025 Growth
A rise in projections has put annual spending for home improvements and maintenance on a growth track over the next year, with expenditures for home renovation and maintenance projected to...
HUD Announces Additional Aid for Hurricane Helene Victims
The latest round of assistance will provide shelter for homeless families in communities recovering from Hurricane Helene across North Carolina and South Carolina. The post HUD Announces...
Fannie Mae and Freddie Mac Further Support Renters
The GSEs have announced higher caps for 2025 that will allow Fannie Mae and Freddie Mac to purchase more multifamily loans and continue to exempt workforce housing from the limit. The post Fannie...
FHFA Announces Staffing Update
Victoria Nahrwold joins the FHFA as Deputy Director, Division of Enterprise Regulation, providing support for all examination activity involving the GSEs. The post FHFA Announces Staffing Update...
Homeowners Staying Put Amid Low Housing Supply, Leveraging Home Equity
“Homeownership is not just about having a place to live—it's a critical component of financial security and building generational wealth,” said Steve Kaminski, Head of U.S. Residential Lending at...
The Week Ahead: Exploring Cost Savings Through Outsourcing
The Five Star Institute, in partnership with Global Strategic Business Process Solutions, will present a webinar discussing how outsourcing can transform mortgage operations and workflow. The post...
FHA Supports Homeownership for Nearly 800K Americans
More than 790,000 persons were served by the Federal Housing Administration (FHA) in 2024, according to the U.S. Department of Housing and Urban Development (HUD). The Annual Report to Congress...
Seeing Around Corners With Stanley C. Middleman
MortgagePoint speaks with Freedom Mortgage’s President and CEO about his career, his new biography, and his insights into the “tidal nature of the economy.” The post Seeing Around Corners With...
Ginnie Mae President Valverde Announces Resignation
Effective November 30, Ginnie Mae’s Acting President will step down from his role, to be replaced by current SVP Gregory Keith, who will assume the responsibilities of the Ginnie Mae head. The...
Dark Matter Technologies Names New CEO
The mortgage tech provider’s CEO transition will see current Chief Revenue Officer Sean Dugan replace Rich Gagliano, effective April 2025. The post Dark Matter Technologies Names New CEO first...
Fannie Mae Adds Homebuilding Exec to Its Board
Bringing nearly 40 years of experience in the homebuilding industry, Scott D. Stowell joins the GSE’s Board to guide efforts in expanding access to quality, affordable housing. The post Fannie Mae...
When Purchasing a Home, Make Sure the Time Is Right
A new study reveals the best day, month, and states to buy a home, all based on securing the lowest premium above the automated valuation model. The post When Purchasing a Home, Make Sure the Time...
CFPB Finalizes Personal Financial Data Rights Rule
The new rule is expected to lower prices on loans and empower individuals to more easily dismiss financial companies that provide poor service. The post CFPB Finalizes Personal Financial Data...
IMB Production Profits Tick Up in Q3
"Mortgage companies reported net production profits for the second consecutive quarter after an unprecedented period of net production losses that spanned two years,” said Marina Walsh, CMB, MBA’s...
Paving the Way to a Brighter Future
Dutch Mendenhall, Founder of RADD Companies, discusses the state of the industry and the important role real estate professionals play in the lives of their customers. The post Paving the Way to a...
Consumers Agree to Disagree When It Comes to New Neighborhood Construction
New Fannie Mae research showed that while most U.S. consumers support the construction of additional housing, many disagree with the specifics in their own neighborhoods. Here’s what the research...