Compass has put forth a revised version of its seller disclosure form to clarify how its three-phase marketing strategy works — including when and how listings are shared with the public. The Compass 3-Phased Marketing Strategy Client Disclosure Form expands on a version first introduced in 2024. Updates include language aimed at improving seller understanding […]
Compass seller disclosure form clarifies off-MLS marketing Read More »
It has turned out to be a surprisingly calm week for mortgage rates and, as of today, largely a victorious one, even if the victories have been modest. Today’s installment involves a 0.02% drop in the average top tier 30yr fixed rate. This brings the index to the lowest level of the week and a
Another Small Victory For Mortgage Rates Read More »
Vontive, which is a fintech specializing in business purpose mortgages, has received an investment from Citi, which also acted as lead bookrunner on its first-ever securitization. The amount of the off-cycle investment was disclosed. It is the first new capital in the company since its 2022 Series B fundraise, said Vontive CEO Charles McKinney. The
Citi invests in business purpose lender Vontive Read More »
Two, the real estate investment trust that owns Roundpoint Mortgage Servicing, is anticipating legal expenses that some analysts say could lead to asset sales. The REIT expects a $198.9 million charge for May that includes a $139.8 million fee as a contingency liability and $60 million in related expenses due to the lawsuit with its
Two expects $198.9M charge from external manager lawsuit Read More »
The Trump administration is defending new building standards that over a dozen states and a leading industry trade group say will markedly raise housing costs. A federal judge this week scheduled a hearing which could determine the fate of the lawsuit over the adoption of energy efficiency standards a decade in the making. The Department
HUD, USDA defend rule NAHB argues will hike housing costs Read More »
Loan performance hinges on more than credit scores and interest rates. Environmental infrastructure—especially pond liners—can quietly jeopardize property value, borrower stability, and servicing costs. Lenders who overlook these risks expose their portfolios to long-term damage they cannot track through standard underwriting alone. The importance of pond liners Pond liners are necessary as a foundational element
Why lenders should care about liner failures Read More »
How many times a day does a consumer pull out their credit card to pay for gas, groceries, or to buy themselves a sweet treat on their way home? Mortgage lenders hope that putting their company names on credit cards consumers use daily will keep their brands top of mind — and lead to repeat
Why homeownership credit cards are the next trend Read More »
With tappable home equity near historic highs and a preference among a majority of baby boomers to remain in their homes, several reverse mortgage lenders have recently launched products to capture the greater opportunity in this part of the market. Demographic trends suggest a market primed for growth and current interest rate levels also make
New proprietary reverse mortgages hit the market this spring Read More »
Federal Housing Finance Agency Director Bill Pulte said he cannot envision a situation where President Donald Trump relinquishes control of Fannie Mae and Freddie Mac, emphasizing there is a need to keep implicit guarantees intact as the administration considers potential options for the two mortgage giants. READ MORE: What Trump’s latest GSE comments could mean
Pulte sees no scenario where Trump isn’t in control of Fannie Mae, Freddie Mac Read More »
Krisztian Bocsi/Bloomberg The Federal Reserve’s preferred measure of inflation continued to inch toward its 2% target last month, but the impact of higher tariffs have yet to reflect meaningfully in government data. The headline Personal Consumption Expenditure, or PCE, index increased 2.1% on an annualized basis in April, according to a report released by the
April PCE inflation comes in at 2.1%, nearing Fed goal Read More »