Rate lock volume jumps 43%, reflecting a rate-sensitive market

By: ameer@trustedteam.com

Rate lock volume jumped 43% in March on the back of seasonal tailwinds, falling interest rates and stronger purchase market performance. Lock volumes increased across the board, led by purchase...

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How green mortgages can help finance an energy-efficient home and save money

By: ameer@trustedteam.com

Join us for CNBC's Sustainable Returns event on April 19th – Register below REGISTER FOR SUSTAINABLE RETURNS 2023 Sustainable Returns Events A green mortgage, or an energy-efficient mortgage, allows borrowers to finance...

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Wage growth downtrend kills 1970s inflation fear

By: ameer@trustedteam.com

Given Friday’s job report, those who have been concerned with entrenched 1970s inflation — which would lead to double-digit mortgage rates — can put their disco shoes back in...

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PrimeLending enters the reverse mortgage business

By: ameer@trustedteam.com

PrimeLending, a multi-channel mortgage lender, announced this week that it is entering the reverse mortgage business — primarily as a reverse mortgage broker. The Dallas-based lender will offer Federal Housing...

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FHA extends COVID-19 reverse mortgage relief once more

By: ameer@trustedteam.com

The Federal Housing Administration (FHA) announced on Friday that it is extending the COVID-19 relief, which includes mortgage forbearance and a Home Equity Conversion Mortgage (HECM) extension relief, in...

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These features may ‘set you ahead of the competition’ when selling your home, research finds

By: ameer@trustedteam.com

Certain luxury features may help sell your home for more money or faster than expected, according to new research from Zillow. As homeowners stay in place after locking in low...

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Has the digital revolution paid off?

By: ameer@trustedteam.com

After a few years of nothing less than an automation revolution in the title industry, market uncertainty and declining volume are now testing just how effective our efforts have...

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TIAA CEO: Education, access ‘critical’ to close minority retirement wealth gap

By: ameer@trustedteam.com

Studies show that there is a wealth gap between Black and white Americans, and that gap continues into retirement, putting the quality of later life at risk for people...

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Why reverse mortgages for purchase are a hard sell

By: ameer@trustedteam.com

The Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program allows borrowers to finance home purchases with a reverse mortgage, but it comes with a few caveats, including a...

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Freddie Mac, Ginnie Mae, Finance of America make leadership moves

By: ameer@trustedteam.com

Left to right: Brad Cargile, Rene Gonzales, Michelle DeHart, Pete Johnson Mortgage subservicer Cenlar recently appointed four new leaders across various departments within the company. The Ewing, New...

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