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Figure’s Michael Tannenbaum on home equity lending to the ‘sandwich generation’
More than 500,000 HELOC applications show this group has a high monthly debt load but significant equity to lean on
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FirstClose, Cotality form alliance to streamline home equity lending
Single workflow automates ordering and populates borrower and property data across connected LOS systems
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U.S. Pending Home Sales Sink Near 12-Year Low
U.S. pending home sales haven’t been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers. Pending sales fell from a year earlier in every single major U.S. metro, led by Seattle and Southern California. U.S. home prices rose just 1.3% year over year in September—the…
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HHHunt names CFO Ann Kelly as next CEO in 2027 C-suite reset
Buck Hunt to remain chairman and lead new venture, as executive shuffle elevates Steve Brant to CFO
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MBA forecast: Mortgage volume to dip below $2T in 2027 as 7% rates linger
Trade group projected higher-for-longer borrowing costs, wider spreads and potential Fed hikes ahead
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Have mortgage rates peaked, or will we see even more chaos?
The month of October still has plenty of variables that can be a problem for rates
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Trump forms panel to investigate Fed’s Lisa Cook over mortgage fraud claims
The panel will hold a Nov. 5 hearing and could recommend her removal “for cause”
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A new NYC policy rebalances zoning powers in 12 city districts
Starting Jan. 1, qualifying affordable housing rezonings can follow a 90-day Planning Commission review without a Council vote
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Stop saying recapture
Lenders keep chasing customers they never gave a reason to stay
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WFG expands DecisionPoint with automated refi title commitments
The expansion aims to improve turnaround times and processing efficiency
