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Mortgage rates drop to 11-month low after weak ADP jobs print
Mortgage rates reached another new low for 2025 on Thursday morning after a weak ADP jobs report. All eyes are now on the Friday Jobs report.
Will HUD’s new guidelines transform reverse mortgage counseling?
HUD has issued regulatory guidance in the past year that has had a “significant impact on counseling” for reverse mortgage borrowers.
NEO Home Loans powered by Better lands high-producing Gustafson Team
Led by Gene Gustafson, the Colorado-based team spent the past 15 years at loanDepot.
Mortgage demand dips over Memorial Day, but yearly gains are a sign of market momentum
In a week marked by the Memorial Day holiday, mortgage applications decreased by 3.9%, according to data from the Mortgage Bankers Association.
HUD walks back prior default guidance as too ‘burdensome’ for mortgage servicers
A new mortgagee letter said that some of the Biden administration’s final servicing guidance was too “burdensome,” resulting in changes.
Global reverse mortgages in the news: growth, delay and launch
Reverse mortgages are seeing growth in Canada, setbacks in Australia and a new product launched in South Korea.
EmpowerHome CEO Reynolds seeks ‘growth mindset’ when hiring agents
While new brokerage models may bring fresh ideas, Reynolds emphasizes that client needs — not industry trends — should guide decisions.
Hooper commission lawsuit settlements granted preliminary approval
The ruling requires companies to notify affected class members and set up a website with details about the settlement within 60 days.
Partner Real Estate unveils $5K model for agent support
The offering includes access to proprietary systems, technology, and coaching along with support for legal compliance and marketing.