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MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’
The MISMO reverse workgroup sees recently completed work as a “bridge to the mainland” for mortgage tech, according to its chair.
NAHB: Remodeling for aging in place fell in Q1 but receptivity remains high
The drop is attributed primarily to economic volatility, specifically high interest rates, general uncertainty and observed swings in the stock market.
Tech Pulse: Fannie Mae targets fraud, DirectOffer launches AI assistant
Here’s what happened this week in the latest tech tools, integrations and trends impacting mortgage and real estate.
Inflation data laying groundwork for the Fed to pivot
Has the recent inflation data given the Federal Reserve a pathway for a 2024 pivot? Logan Mohtashami looks at what this could mean for rates.
Blend narrows losses in Q2, accelerates path to profitability in 2024
Mortgage tech firm Blend Labs narrowed its financial losses in the second quarter on the strength of its platform business as well as cost-cutting measures.
UWM is profitable in Q2 as origination volume jumps to $32B
UWM originated $31.8 billion in mortgages in the second quarter of 2023, $28 billion of which were purchase loans.
Las Vegas bets on a reanimated housing market
As the Las Vegas attractions regain their audience, the city’s housing market is also poised for a comeback – and not a moment too soon. In May, Las Vegas Realtors reported sales of 2,075 existing homes, condos and townhomes, down by more than 300 in April and down by nearly 1,400 from March. HW+ Premium Content
The critical role of Hispanics in revitalizing a post-pandemic housing market
Hispanics have been driving homeownership growth in America for more than a decade, a trend that is likely to continue.
No, we’re still not in a housing inventory crisis – Here’s proof
For the past eight years, housing analysts were in near-unanimous agreement that the U.S. housing market was in an inventory crisis. “I did and continue to disagree. Here’s why,” Columnist Logan Mohtashami writes. HW+ Premium Content
