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Talk of a potential recession and the impending business practice changes were the overarching themes of the opening session of Keller Williams’ 2024 Mega Agent Camp Tuesday morning.Despite these harsh realities, Gary Keller, the executive chairman and co-founder of the firm, still had a reassuring
Read More HighTechLending leaders say flexibility, added value drive rebranded wholesale division

California-based HighTechLending, a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.One of
Read MoreMortgage rates are down. Do buyers care?

Mortgage rates fell two weeks ago, then climbed steadily again last week. Is it enough to motivate any new seller activity or are we looking at 2025 before home sales finally recover?From a total inventory perspective, we haven’t seen any pickup in demand in the past couple of weeks as mortgage rate
Read MoreMore FHA borrowers are using piggyback loans that bear watching: CoreLogic

Piggyback mortgages — those involving a first and second lien at origination — are on the rise among first-time and low- to moderate-income borrowers who face affordability challenges. This is according to a CoreLogic report published on Monday.The share of piggybacked Federal Housing Administration
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