David Neylan, president and chief operating officer at retail lender Guild Mortgage, expects the landscape to remain challenging for mortgage companies in 2025. But Neylan plans to capitalize on these challenges. “I know there’s some forecasts for rates to drop, but it’s not as much as everybody had

Expanded rules for appraisal waivers take effect on purchase transactions starting the first quarter of 2025. Announcements were made on October 28, 2024 by Fannie Mae and Freddie Mac, as well as the Federal Housing Finance Agency (FHFA) who stated the policy action “builds upon the long-running suc

The National Association of Realtors (NAR) has taken things a step further in its battle with Phoenix Realtors (PAR) over the local trade group’s MLS Choice program. On Monday, NAR notified its leadership and members that it had made the decision to initiate the charter revocation process against PA

The reverse mortgage industry has had an eventful year, and the National Reverse Mortgage Lenders Association (NRMLA) stands ready for yet another year of change according to Steve Irwin, its president. With political changes on the horizon, debate about some core Home Equity Conversion Mortgage (HE