Ginnie Mae has promoted Sam Valverde to principal executive vice president, where he will serve as the the second-in-command to Ginnie Mae President Alanna McCargo. The government corporation is also seeking an executive vice president and chief operating officer to
Unlocking the Door to Homeownership: Mastering the First Steps to Buying a House
Buying a house is one of the biggest financial decisions that many people make in their lives. It’s a process that involves many steps, and it can be overwhelming, especially if you’re a first-time homebuyer. Understanding the first steps in
Dallas Housing Market: Prices, Trends, Forecast 2023
The Dallas Housing Market is Slowing Down As buyers make financial decisions, mortgage rates and fears of a recession continue to weigh heavily on the Dallas housing market. Building permits and housing starts are both declining on the supply side.
The 7% mortgage is back with a vengeance
Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down, economists say. The 30-year fixed-rate mortgage on Thursday, March 2 touched 7.10%,
Real estate agents wonder if inventory levels will ever return to ‘normal’
Temperatures are rising, the sun is setting later, and the daffodils are starting to peek their green leaves out of the earth — spring is coming. And just like the bears who are starting to wake up from their long
Free Things to Do in Baltimore: 10 Budget-Friendly Activities in Charm City
Baltimore is a vibrant city with a rich history, cultural diversity, and plenty of things to do. However, if you’ve recently moved into a house in Baltimore or an apartment in the city, you might not have the budget for
What is San Jose Known For? 13 Things to Love About This City
San Jose, California is a dynamic city located in the heart of Silicon Valley. Commonly recognized for its thriving tech industry, San Jose is a hub of innovation and creativity. However, the city offers much more than just tech companies
What is San Diego Known For? 16 Things to Love About America’s Finest City
San Diego is a city that is beloved by many, and for good reason. Nestled along the beautiful California coast, San Diego is a vibrant and diverse city that offers something for everyone. From its stunning beaches and world-famous attractions
Sun, Sand, and Surf: 7 Must-Visit Los Angeles Beaches
Los Angeles is known for many things, but its beaches are some of the most iconic and popular attractions in the city. From the surf culture of Venice Beach to the luxurious resorts of Malibu, there’s a beach for everyone
Houston Real Estate Market: Prices, Forecast, News 2023
The Houston Housing Market is Cooling We will discuss the latest Houston housing market trends & forecasts for 2023. The Houston housing market report for January 2023 revealed that home sales were slower than usual, which was anticipated given the holiday season.
How non-QM lender A&D Mortgage grew origination volume in 2022
When the entire mortgage industry saw volume drop by more than half in 2022, nearly every lender emerged with battle scars. Rising rates caused refinances to dry up, production plummeted, and pink slips were issued to employees. Non-qualified mortgage (non-QM)
Polly adds Total Expert to its API integration roster
San Francisco-based SaaS technology provider Polly on Monday announced its API integration with Total Expert, a customer engagement platform purpose-built for financial institutions. Through this API integration, users can populate MLS and non-MLS rate flyers in a short period of
10 Fun-Filled Things to Do in Killeen, Texas for Newcomers
Welcome to Killeen, a city located in central Texas, known for its lively community and unique local experiences. Killeen offers exciting races at the Texas Thunder Speedway and serene outdoor spaces like Stillhouse Hollow Lake and Lions Club Park. Whether
Housing Market News 2023: Today’s Market Update
The housing market is an ever-evolving and dynamic sector that affects the economy and the lives of people worldwide. As we move through 2023, the latest housing market news is of utmost importance to individuals and businesses alike. Whether you
Truework platform adds automation feature to Encompass
Income verification platform Truework has added its automated service ordering feature to Intercontinental Exchange (ICE) Mortgage Technology’’s loan origination system Encompass. The integration is now built on the latest Encompass Partner Connect application programming interface (API) platform and is available
10 Fun-Filled Things to Do in Saint Paul, MN. for Newcomers
Saint Paul, Minnesota, is a vibrant and historic city located on the banks of the Mississippi River. Known for its unique neighborhoods, rich cultural scene, and friendly residents, Saint Paul is a great place to call home. The city is
Expert panel expects home prices will grow at a steady pace starting in 2024
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Nearly 9 in 10 first-time sellers think they could have gotten a higher price by making different choices
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Homes owned by Black families appreciated the fastest during the pandemic
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Home prices stabilize as buyers get a jump on spring shopping
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Housing Market Tracker: Mortgage rates spike as inventory falls
Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in new listing data. Here is
Mortgage balances increased by nearly $1 trillion in 2022
Americans’ debt balances continued to compound in 2022 as inflation put pressure on budgets and the cost of borrowing increased. Aggregate household debt, which includes all outstanding credit market debt held by consumers, increased by $394 billion in the fourth
How QA programs help servicers remain compliant
Servicers know all about the regulatory complexity — whether the rules are coming from the state or federal level or the Consumer Financial Protection Bureau (CFPB) – that often leaves them in a constant state of audit and exam. With
Divvy Homes reportedly makes another round of layoffs
Rent-to-own startup Divvy Homes has reportedly conducted a new round of layoffs on Wednesday, which included cuts to a number of high-level positions. This is at least the second round of layoffs for the company in the last six months.