HousingWireHousingWire Elevated mortgage rates have strained housing affordability for more than two years. With rates now falling — and more downward movement expected after the Federal Reserve‘s recent interest rate cut — two new reports suggest that affordability is getting better too. The third-quarter 2024 housing affordability report from Attom…
Continue reading →HousingWireHousingWire New York-based Simplist Technologies, which has developed a consumer-facing mortgage platform, introduced a new software solution on Thursday for mortgage professionals that combines a loan origination system (LOS) with a point-of-sale system (POS). The integrated platform, known as Sonar, has artificial intelligence (AI) capabilities to automate rote tasks and…
Continue reading →HousingWireHousingWire Homebuyers will soon have access to climate risk data on Zillow, according to an announcement on Thursday. Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood, wildfire, wind, heat and air quality through risk scores, interactive maps and insights into…
Continue reading →HousingWireHousingWire At the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego this week, Federal Housing Administration (FHA) Commissioner Julia Gordon addressed the assembled audience of reverse mortgage industry professionals and reflected on her time in the post as the Biden administration winds down. The event…
Continue reading →HousingWireHousingWire As a vast majority of older adults prefer to remain in their current homes as they age, a key to successfully aging in place lies in preparation and adequate understanding of the dwelling, according to a new examination by the The Wall Street Journal. The report cited 2021 data…
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