NRMLA, MBA provide comments on HECM application, origination documents

Following an announcement that the U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM)
Read MoreHome price signals point to flat growth

Inventory increases aren’t occurring at a super fast pace, but the number of homes on the market across the country keeps expanding. As mortgage rates stay elevated and the number of unsold homes on the market grows — especially in the South — the leading indicators for future home sales prices cont
Read MoreAfter exiting wholesale, Fairway hires origination teams across the nation

After exiting the wholesale channel in February, top U.S. mortgage lender Fairway Independent Mortgage Corp. has decided to grow its retail footprint organically by hiring origination teams from various competitors.The company announced last week that, in April, it welcomed production teams that col
Read MoreWarren Buffett: Real estate agent commission structure “has worked out very well”

Legendary investor Warren Buffett and Greg Abel, the CEO of Berkshire Hathaway Energy, addressed the commission lawsuits and HomeServices of America’s recently announced settlement of the suits, during Berkshire Hathaway’s annual shareholder meeting on Saturday.“There is no question that the industr
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