HousingWireHousingWire The national critical defect rate for mortgages fell to 1.16% in the fourth quarter of 2024. That marked the second-lowest level on record, according to a report released Thursday by ACES Quality Management. For the entire calendar year of 2024, the average critical defect rate was 1.52%, down 9.52%…
Continue reading →HousingWireHousingWire Dozens of employees at mortgage tech firm Dark Matter Technologies were laid off on Monday, multiple sources told HousingWire. It’s unclear how many were laid off, but sources said it was “massive” and impacted staffers in a variety of roles. Former employees told HousingWire the reason cited for the…
Continue reading →HousingWireHousingWire One of the nation’s leading reverse mortgage lenders, Finance of America (FOA), posted strong first-quarter 2025 earnings results. The company beat its estimates for funded loan volume, posted a profit and maintains a bullish outlook for the quarter ahead. Drilling down deeper into the marketing and product landscape for…
Continue reading →HousingWireHousingWire While on its face it represents positive momentum for health in the U.S., rising life expectancy also comes with a key financial concern — longevity risk, or the potential for someone to outlive their retirement savings. This is a key challenge that many prospective retirees may not be ready…
Continue reading →HousingWireHousingWire Is scrolling homes on Zillow a favorite pastime of yours? Do you subscribe to every real estate-related email newsletter? Do you watch every HGTV show? Is your ideal weekend spent going to open houses (even if you have no intention of buying)? Do you play (and win) the “how…
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