In a year marked by consolidation, the mortgage industry saw another two merger agreements over the past week, both leading to unions between Mid Atlantic lenders. On Monday, Northern Virginia-based Atlantic Coast Mortgage reported it had reached a deal to acquire a fellow in-state retail lender. Located in Fairfax and currently licensed in 40 states, […]
Mortgage M&A streak continues with new deals Read More »
New insurance written at the nation’s six active private mortgage insurers continued to run ahead of last year’s pace during the third quarter, with the market share gap widening between the top and bottom. For the quarter, the MIs wrote $84.3 billion of new policies, compared with $81.2 billion three months prior and $82.5 billion
Mortgage insurers have strong 3Q for new policies written Read More »
Fannie Mae and Freddie Mac, two influential mortgage buyers the United States holds in conservatorship, are looking into doing more with loans transferred between buyers and sellers, according to Federal Housing Finance Agency Director Bill Pulte. “At Fannie and Freddie, we are evaluating how to do assumable or portable mortgages in a safe and sound
Fannie, Freddie eyeing assumable or portable loans: Pulte Read More »
President Donald Trump downplayed criticism of the potential creation of a 50-year mortgage product, saying it would help more Americans afford monthly payments on homes. “It’s not even a big deal,” Trump said in an interview with Fox News that aired on Monday. “All it means is you pay less per month. You pay it
Trump defends 50-year mortgage plan, calling it ‘not a big deal’ Read More »
A big year for mergers and acquisitions in the mortgage space has even profitable companies weighing moves as buyers are ponying up premiums. Stratmor Group Senior Partner Garth Graham said the strategic advisory firm is in the process of transactions with profitable companies who in past cycles would’ve stood pat, but are now mulling whether
Why even profitable lenders are thinking about selling Read More »
A federal judge awarded United Wholesale Mortgage a $325,000 final judgment against a small California brokerage the wholesale giant sued for breaking its “All-In” agreement. U.S. District Judge Laurie J. Michelson filed the consent judgment Friday against Kevron Investments, after also ruling against the shop in March. The wholesale leader accused Kevron of violating their
Judge awards UWM in ‘All-In’ lawsuit against small brokerage Read More »
The Veterans Affairs home loan benefit has been available for more than 81 years, yet misconceptions about the program persist, a Navy Federal Credit Union survey found. These misunderstandings affect both eligible borrowers and real estate professionals concerned about VA requirements. VA mortgage applications accounted for 13.4% of all mortgage applications in the week ending
VA loans gain ground despite misconceptions and shutdown Read More »
Refreshing a brand is no small feat, especially when that brand is synonymous with an entire industry. The RE/MAX balloon has long been one of the most recognizable symbols in real estate, representing trust, consistency and market leadership. But in a digital era where attention spans are short and brand presence must translate seamlessly across
Reimagining a real estate icon: Inside the RE/MAX brand refresh Read More »
Each year on Veterans Day, I take a moment to think about the Americans I served alongside – their courage, their families, and the quiet sacrifices that never make headlines. It’s a day to remember those who sacrificed and to honor those still building their lives after service. For many of us, that next chapter
How NewDay Home helps fulfill the VA’s promise of homeownership for our nation’s heroes Read More »
Price reductions swept through 44.7% of active listings in the Seattle-Tacoma-Bellevue metro during the week ending Nov. 7, 2025, as the region’s median list price held at $850,000, nearly double the national median of $435,000. The widespread pricing adjustments signal a recalibration in one of the nation’s most expensive housing markets, where sellers are adapting
Seattle median list price at $850K even as price cuts spread Read More »