Better lays off its real estate agents ahead of merger

June 12, 2023by

Better.com laid off its in-house real estate agents as the battered lender adjusts its operations ahead of a pending...

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Why higher rates aren’t crashing home prices

June 11, 2023by

Home prices aren’t crashing, despite what the housing bubble boys are saying. In fact, home prices have firmed up...

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Bank of America faces lawsuit alleging it charged servicing junk fees

June 10, 2023by

Photographer: Stephanie Keith/BloombergStephanie Keith/Bloomberg Bank of America is at the center of a new class-action lawsuit, which claims...

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Foreclosure activity jumped in May

June 10, 2023by

Distressed mortgage indicators tracked by Attom registered increased activity last month, resuming a slow climb back toward levels seen...

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Industry energy felt by vendors at latest NRMLA conference

June 10, 2023by

Reverse originators expressed feelings of optimism at the National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting this week....

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Research shows why older adults face a higher rate of mortgage denials

June 10, 2023by

Older Americans tend to have higher credit scores, but other factors can lead to denying an older client a...

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Prime rate reaches 22-year high of 6.95% and could rise further as rate-hike expectations grow

June 10, 2023by

Variable-rate borrowers will see their interest cost on their next mortgage payment rise as banks and other financial institutions...

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HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more

June 10, 2023by

The U.K.'s biggest bank temporarily withdrew mortgage deals via broker services on Thursday, CNBC understands. A large number of fixed-rate mortgage...

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The Federal Reserve may pause its interest rate hiking campaign. What that means for you

June 10, 2023by

The Federal Reserve is expected to pause its interest rate hiking campaign at the end of its two-day meeting...

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Paragon adds nine new buy-to-let deals

June 9, 2023by

  Paragon Bank has launched nine new limited edition buy-to-let mortgages with zero or flat fees and discounted standard variable...

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