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Meet the top 5 reverse mortgage originators in America
Reverse Mortgage Daily analysis explores the top-producing reverse mortgage originators in the country over the past year.
No matter how you slice it: Compass say NWMLS’s rules are anticompetitive
In a reply brief, Compass argues that NWMLS’s listing rules can be found anticompetitive under both rule of reason and per se rulings
realMLS adds transparency platform Rayse as a member benefit
According to data from Rayse, 46% of consumers believe real estate agents spend fewer than 15 hours on a home purchase deal.
Mortgage leader UWM originated $139B in volume in 2024
All told, the wholesale lender turned around a financial loss of $69.8 million in 2023 and improved gain-on-sale margins to 110 basis points, up from 92 bps in the prior year.
Despite lower rates, mortgage applications continue to slide
Mortgage applications decreased last week, despite the 30-year fixed rate dropping to 6.88% the lowest rate since mid-December.
FHFA nominee Bill Pulte discloses investments in rental properties, HVAC firms and … MrBeast
Bill Pulte, the Trump administration’s nominee to run the Federal Housing Finance Agency (FHFA), has a wide array of investments with a value north of $190 million, including holdings in rental properties, HVAC firms, entertainment companies and Elon Musk’s X.
Real estate agent commissions are holding steady, except at this price point
Redfin data shows the average commission between August and October has dropped 1 basis point to 2.34%, but on homes sold for $1 million or more, the average rate has fallen 13 basis points to 2.11%
New objection to NAR settlement targets business practice changes, plaintiffs’ attorneys fees
University of Buffalo law professor Tanya Monestier claims in a 132-page objection that the settlement “is the worst of all possible worlds.”
Could the NAR settlement be a blessing in disguise for VA buyers?
Despite initial concerns, real estate professionals say the temporary fix issued by Veterans Affairs has made these transactions better.
