Reverse mortgage originators report good starts to 2024 business

Last year was a challenging one for reverse mortgage business activity, and it likely hit no one harder than the industry’s front-line loan originators. After enduring challenges stemming from higher interest rates, stricter qualifications and broader industry consolidation, loan officers seem to be
Read MoreCalifornia’s high costs aren’t deterring Gen Z from moving there: Zillow

A Zillow analysis of U.S. Census Bureau data released Friday shows that the youngest group of prospective homebuyers, Generation Z, are bucking a larger trend by moving to California.Even as California lost nearly 215,000 residents to net migration in 2022, census data also shows that the Golden Sta
Read MoreCoStar’s billion-dollar marketing spend to include four Super Bowl ads

The portal wars are heating up. In an attempt to reach residential listing portal supremacy, CoStar Group (the parent company of Apartments.com and Homes.com) will air four advertisements during this Sunday’s broadcast of Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs.“T
Read MoreFederal judge says suit against UWM’s ‘All-In’ initiative should be dismissed

A lawsuit against the “All-In” initiative at United Wholesale Mortgage (UWM) should be dismissed, a federal judge said, citing inadequate evidence to prove accusations against the lender. Florida-based Okavage Group sued UWM in April 2021, following the lender’s announcement of an ultimatum that the
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