Financial results worsened for IMBs in 2023: MBA

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks lost an average of $1,056 on each loan they originated in 2023, down from an average loss of $301 per loan in 2022, according to data released Thursday by the Mortgage Bankers Association (MBA).This was the largest loss r
Read MorereAlpha launches AI-powered buyers’ agent chatbot

Real estate technology company reAlpha Tech Corp. launched Claire, a generative artificial intelligence-powered, zero-commission buyers’ agent chatbot, the company announced on Wednesday.Claire boasts a conversational interface to guide users through every step of the homebuying journey, from proper
Read MoreCHLA president addresses various consumer protection measures

Taylor Stork, president of the Community Home Lenders of America, speaks at The Gathering by HousingWire on Wednesday, April 25, 2024. Photo credit: AJ CanariaIt was initially billed as a discussion centered on the “biggest threats to a healthy mortgage landscape for homebuyers,” but some breaking n
Read MoreBest real estate apps for agents in 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.In 2024, agents have two choices; learn how to run your entire business from the apps on your phone or tablet, or find a new career. The days of running back
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