Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report, analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates

Guild Mortgage’s acquisition of Academy Mortgage Corp. is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in an exclusive interview with HousingWire. With the acquisition of Academy, Guild will be onboa

The Community Home Lenders of America (CHLA) wants the three major credit bureaus — Equifax, Experian and TransUnion — to restore the pricing discounts that had been in place for soft credit pulls.At the end of 2023, each of the credit bureaus announced that they were ending pricing discounts for so

As reverse mortgage industry professionals continue to look ahead into 2024 after enduring a challenging year for business in 2023, the prevailing attitude is optimistic. Recently, the president of the industry’s leading lender discussed her eagerness to go back on “offense” this year, while loan or

The housing market is heating up as the spring buying season approaches. Well-priced homes are selling fast, often within 29 days, and that time frame is bound to shorten as the shopping season opens, according to Zillow’s January market report. Meanwhile, other homes are lingering on the market for

CoreLogic is expanding its strategic alliance with Google Cloud, the company announced on Wednesday. The data provider will leverage the artificial intelligence capabilities of Google Cloud’s enterprise AI platform, Vertex AI.  The new phase of the collaboration will help CoreLogic make the most of

The U.S. Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. One measure is targeted specifically for the island of Maui — which endured a devastating wildfire last year that destroyed the town of Lahaina — while the other

In early 2022, real estate listing giant Zillow began discussing its visions for a “Housing Super App.” After initial confusion and skepticism over the app, Zillow’s vision has slowly become clearer. On Tuesday, roughly two years since Zillow first announced it, the firm’s CEO and co-founder Rich Ba

In January, the number of properties with a foreclosure filing inched up on both a monthly and a yearly basis, according to a report released Tuesday by Attom Data.In total, 33,270 U.S. properties received a default notice, were scheduled for auction or were undergoing bank repossession last month,

New York-based mortgage lender Logan Finance Corp. named Sarah Gonzalez as its chief operating officer.Gonzalez will be in charge of planning and executing the lender’s objectives and initiatives, according to her LinkedIn profile. She brings more than 25 years of experience in the mortgage industry

Fintech Sagent has hired Geno Paluso, a retired U.S. Navy captain serving as the vice president of business development for multinational firm BAE Systems, as its new CEO. Effective Monday, Paluso succeeded Dan Sogorka, who will remain with the company as an adviser before transitioning to a new opp

Despite high mortgage rates, master planned communities (MPCs) did well in 2023. According to a survey released Tuesday by John Burns Research & Consulting, the top 50 MPCs sold more than 34,600 new homes in 2023, up 24% from the nearly 28,000 sales in 2022. As a point of comparison, in the benchmar

Bringing awareness to potential opportunities in the reverse mortgage space can be a challenge, but Kristen Sieffert, president of Finance of America Companies (FOA), says it’s a task she’s more than willing to take on.After being promoted to the role of president following the FOA acquisition of fo

Century 21 Regency Realty agent Cheryl Piccinini has lived and traveled all over the world, but there is no place she would rather be than Alabama.“No matter what you want, you can find it here,” the Enterprise, Alabama-based agent said. “You can find the city, the country. We’ve got beaches. It is

The state of California has extended the eligibility rules for its mortgage relief program, funded by the Homeowner Assistance Fund (HAF) allocation in the American Rescue Plan Act of 2021.The relief — which is available to reverse mortgage borrowers — is designed to assist anyone who has fallen beh

Now is the time to make the rest of this first quarter and early second quarter count! The more conversations you can have this quarter, the stronger your year will be. Your focus should be to set appointments and get in front of people. Here are the five things you should do to ramp up your product

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The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition consisting of the Federal Reserve Board of Governors

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