Senior Home Equity Exceeds Record $11.12 Trillion
NRMLA/RiskSpan Reverse Mortgage Market Index Hits All-Time High of 388.83 Homeowners 62 and older saw their housing wealth grow by 4.91 percent or $520 billion in the first quarter to a record $11.12 trillion from Q4 2021, according
21-Year-Old Eastern Union Broker Secures $38.4-Million Refinancing for Multifamily Property in Columbia, SC
Joseph Sasson Delivers 80-Percent Loan-to-Value Financing on 285-Unit Site With precisely two years on the job, 21-year-old Joseph Sasson -- a commercial real estate loan originator with Eastern Union -- has arranged for the $38,372,600 refinancing of the
Black Knight’s First Look: Mortgage Delinquencies and Foreclosure Starts Edge Higher in June but Remain Well Below Pre-Pandemic Levels
The national delinquency rate rose nine basis points from May to reach 2.84%, after hitting consecutive record lows in each of the prior three months Increases were broad-based – the number of borrowers a
Zillow’s new tool powers home searches in up to five areas at once, letting shoppers move as fast as the market
Company to add new filters and features, including the ability for users to hide homes they've already considered Zillow today announced a new app feature that lets home shoppers and renters search more quickly for properties across
Realtor.com® June Rental Report: Renting is More Affordable than Buying a Starter Home in Three-Quarters of the Largest Metros
Even as the U.S. median rental price hit a new high of $1,876 in June, climbing mortgage rates drove monthly starter homeownership costs 29.9% ($561) higher than rents New data illustrates how higher mortgage rates are increasingly tipping
Vaultedge announces its integration with Encompass® by ICE Mortgage Technology™ to Offer OCR Capabilities to Users
Vaultedge, a leading OCR platform announced today that its integration is now built on the latest Encompass Partner Connect™ API Platform available through ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global
Over 60% of Adult Children Say Inflation is Hurting Their Senior Parents, According to AAG Survey
AAG's National Adult Children Survey Shows Concerns Over Senior Parents' Finances Current economic conditions have many seniors struggling to afford their later years, and new data from American Advisors Group (AAG) shows that their hardship is
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 15, 2022. The Market Composite Index, a measure
Higher Rates, Economic Uncertainty to Slow Commercial/Multifamily Lending in the Second Half of 2022
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $733 billion this year, down 18 percent from 2021 totals ($891 billion). This is according to an updated baseline forecast released
Wages Keeping Pace With Inflation, Living-Wage Jobs Grow, According to Ludwig Institute
'Functional unemployment' drops to lowest level in more than 25 years Inflation-adjusted earnings remained steady for the second quarter of 2022 while the percentage of the American workforce finding full-time, living-wage jobs is at