NerdWallet enters the mortgage broker world with acquisition of Next Door Lending by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), is one of the owners of Next Door. As part of the deal that closed Oct. 1, NerdWallet is paying…

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Gen X believes retirement will require a paycheck just as big — or bigger — than today’s by Chris Clow for HousingWire

HousingWireHousingWire As the oldest members of Generation X prepare to turn 60 in 2025, they’re facing a potential shortfall in retirement savings. Most members of the cohort report that their retirement nest egg is three times as much as their annual salary, if that, while only 36% say they have…

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Purchase mortgage applicants are seeing more reasons to smile by Neil Pierson for HousingWire

HousingWireHousingWire By at least one measurement, affordability is improving for prospective homebuyers, even as home prices continue to rise and mortgage credit availability remains relatively low. According to data released Thursday by the Mortgage Bankers Association (MBA), the median payment for purchase loan applicants declined by 0.8% from August to…

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Year of change: Real estate pros reflects on anniversary of Sitzer/Burnett verdict by Brooklee Han for HousingWire

HousingWireHousingWire It’s been one year since the Sitzer/Burnett verdict was rendered in Missouri. What has changed for real estate brokerages since then? (Image generated by AI in Midjourney) Editor’s note: This is the fourth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on…

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