Housing inventory up almost 40% over last year

We finally have six weeks of numbers that hit my housing inventory growth model perfectly in 2024. Last year, with higher mortgage rates, we had zero weeks at this level so I am now giving 2024 inventory growth a grade of A.Low inventory has plagued the housing market since the pandemic, plummeting
Read MoreHoward Hanna to offer ’Buy & Borrow Bundle’

Howard Hanna Real Estate Services is looking to “streamline the home-buying process.” On Thursday, the family-owned real estate firm announced that it was launching its “Buy & Borrow Bundle” program, which it said offers “comprehensive support and financial incentives that cater to the unique needs
Read MoreAnalyst: HMBS 2.0 developments should benefit reverse mortgage industry

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “HMBS 2.0.”The new term sheet details several differences from the curre
Read MoreFHA head Julia Gordon to return to NRMLA Annual

Julia Gordon, the commissioner of the Federal Housing Administration (FHA) and a leading voice at the U.S. Department of Housing and Urban Development (HUD), will be returning for the third consecutive year to the National Reverse Mortgage Lenders Association‘s (NRMLA) Annual Meeting and Expo that w
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