Home tours are on the rise — but buyers aren’t making offers

Mortgage rates continue to be a thorn in homebuyers’ side into the new year, as evidenced by a downturn in contract signings despite greater home tour activity. Redfin’s latest market report revealed its Homebuyer Demand Index, a seasonally adjusted me… Continue reading

RE/MAX’s Motto Mortgage office count contracted again in Q4

After four consecutive quarters of declines, Motto Mortgage had 225 open offices at the end of 2024, down 8 percent from last year’s peak of 246. Continue reading

Mortgage demand crumbles as rates are on the rise again

With mortgage rates back to where they were last summer, purchase applications are coming in at the slowest pace since February 2024, Mortgage Bankers Association lender survey finds. Continue reading

Loan servicer agrees to $20M fine over 2021 cybersecurity breach

Bayview Asset Management and affiliates settle allegations that security was deficient and state regulators were stymied in investigation of 2021 incident affecting 5.8 million customers. Continue reading

Lower building in-house mortgage tech with Neat Labs acquisition

Lower will integrate Neat Labs’ technology into its own cloud-based originations platform and onboard co-founder Steve Herschleb as chief technology officer, executives announced Tuesday. Continue reading

Breaking the stigma and fighting bias around VA home loans

Dangerous and discriminatory misconceptions about the purpose of home loans from the Veterans Administration may be keeping hard-working and well-prepared military veterans from the American dream of homeownership, veteran and team leader Cheryl Arroyo… Continue reading

Would-be homebuyers are still looking for conditions to improve

Americans are more hopeful that the economy is on the right track than they were a year ago, but only 1 in 5 thought December was a good time to buy a home, Fannie Mae surveys show. Continue reading

Manufactured homebuilder’s lender draws regulatory scrutiny

Vanderbilt Mortgage, which also does business as Silverton Mortgage, is accused by CFPB of approving loans that it should have known borrowers couldn’t repay Continue reading

Choosing mortgage partners who deliver for your clients

When it comes to home finance, every detail matters, Ojo Labs’ Chris Heller writes. That’s why choosing the right mortgage partner to refer your clients to is so important. Continue reading

Home prices hit new highs in 2024. These 2 factors could ease the pain 

Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall. Continue reading