HousingWireHousingWire The reverse mortgage industry could begin seeing some benefits of lower interest rates, but endorsement volume and securities issuance largely continued its trend from the prior month. Home Equity Conversion Mortgage (HECM) endorsements fell by 2.1% from August to September, with 2,153 loans endorsed along with an increase in…
Continue reading →HousingWireHousingWireSeniors often face a range of emotions when the discussion of downsizing to a different home arises. (Image generated by AI through Midjourney While many older homeowners often entertain the idea of downsizing into a smaller home to better accommodate natural changes to mobility in later life, this doesn’t mean…
Continue reading →HousingWireHousingWire The real estate industry illuminati believe that mortgage rates dropping below 6% will get housing markets moving again, but there’s growing evidence that the recent decline in rates is already doing so. Redfin’s Homebuyer Demand Index — which measures homebuyer requests for agent services like home tours — was…
Continue reading →HousingWireHousingWire ICE Mortgage Technology is continuing to accelerate the adoption of its more modern technologies by sunsetting older tech stacks. The mortgage tech behemoth on Wednesday told clients that it would be launching a pilot program to ultimately sunset Encompass CRM in favor of its more modern Surefire product (which…
Continue reading →HousingWireHousingWire When it comes to housing, real estate and mortgage industry professionals in the HousingWire Pulse Q4 2024 survey chose President Donald Trump’s housing policies over Vice President Kamala Harris’s. Broken down by real estate brokers, real estate agents and mortgage professionals, some 51% of brokers chose Trump, with 45%…
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