HousingWireHousingWire The latest data for September 2024 reveals a significant downturn in agent mobility, with the seasonally adjusted metric hitting its lowest point for September in eight years. This decline suggests that agents are increasingly hesitant to switch brokerages as we move deeper into the fall season. Key observations from…
Continue reading →HousingWireHousingWire Ohio REALTORS, one of the largest and most influential real estate associations in the Midwest, has announced its partnership with HousingWire, the leading source for housing market news and information. This collaboration is set to provide over 3,000 broker members across Ohio with access to comprehensive data, analytics, and…
Continue reading →HousingWireHousingWireAfter two years of optimization efforts, Rate CEO Victor Ciardelli talks about the public launch of the Rate Intelligence AI-powered lending platform. Chicago-based Rate was the eighth-largest mortgage lender in the country during the first half of 2024, according to estimates from Inside Mortgage Finance. On Wednesday, the company implicitly…
Continue reading →HousingWireHousingWire The third-quarter financials for Pennymac Financial Services illustrate the double-edged sword of declining interest rates for mortgage companies. It can improve loan production and acquisitions but hurt their servicing portfolios. When factoring both impacts on its earnings, the California-based lender delivered a profit of $69.4 million from July to…
Continue reading →HousingWireHousingWire Reverse mortgage educators Dan Hultquist and Jim McMinn brought their “Rules of the Game” presentation back to the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo this year in San Diego. After getting some of the preliminaries out of the way regarding the importance of focused information,…
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