Mortgage rates fall after remarks by Fed President Waller
The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%, but today, the 10-year yield fell after remarks by Fed President Chris Waller about whether the Fed would do even more rate cuts than the market was anticipating. His statement on this, i
Read MoreNAR names Jarrod Grasso to new industry relations post

The National Association of Realtors (NAR) announced Wednesday that it has appointed Jarrod Grasso as its senior vice president of industry relations, a new position created to engage with state and local Realtor associations, in addition to individual Realtors. NAR’s reputation has been under attac
Read MoreAlexander brothers denied bail on federal sex trafficking charges

Tal and Oren Alexander are staying in jail.Along with Oren’s twin brother Alon, the two former luxury real estate brokers were denied bond Wednesday on the federal sex trafficking case against them. The three brothers allegedly engaged in a scheme to systematically drug and rape dozens of women dati
Read MoreMutual of Omaha denies Longbridge allegations, files counterclaim

Mutual of Omaha Mortgage, which rose to the No. 1 position on the reverse mortgage industry leaderboard for Home Equity Conversion Mortgage (HECM) endorsements in 2024, has responded to a September legal complaint by competitor Longbridge Financial. Mutual is denying allegations that it misled poten
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