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This year’s homebuyers need larger rate drops for refi benefits
A Neighbors Bank analysis found that a 0.25-point interest rate decline left the average borrower $2,424 underwater after three years.
Experts offer multi-faceted solutions to the housing supply shortage
A trio of housing experts discuss proposals to lift zoning regulation to spur supply — and legislation aiming to help first-time homebuyers.
The new smart home technology that’s helping seniors age in place
Florida State University professor Jing Wang spoke to HousingWire’s Reverse Mortgage Daily about health care and smart home technology.
Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs
A new private-label reverse mortgage from Longbridge aims to attract borrowers who are concerned about leaving assets for their heirs.
Competition for HELOC business heats up as home equity grows
MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the housing market sags.
Kind Lending appoints new SVP to drive retail sales in the West
Geri Farr, who has over a decade of leadership in the mortgage industry, takes on the role with the task of helping Kind expand in the West.
Solving the HEI origination securitization challenge
Home Equity Investment (HEI) is a relatively new option for private equity real estate investors, and one that carries significant promise. Essentially, is a secured contract where a homeowner receives cash today for a share of the home’s future value at a refinancing or sale event. Unlike a loan, there are no monthly payments or interest. HEIs are attractive to homeowners because the payment comes in an interest-free lump sum, rather than being spread out over a period of time and including interest, and because they don’t carry the same stringent requirements as traditional home equity loans.
eXp Realty launches land and ranch division
The new division is designed to support agents working in a growing sector of the housing market with tools tailored to land and ranch transactions.
Deadline looms in Minnesota property tax forfeiture lawsuit
As many as 15,000 people may qualify for payment if they lost a home, business or other property due to tax forfeiture between 2012 and 2023