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Senior homeowner wealth hits new record high of $14.4 trillion

U.S. homeowners 62 and older saw their housing wealth grow by 4% in the second quarter of 2025 to a total of $14.39 trillion. That’s according to the latest quarterly report released Friday by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan. The previous record for senior-held home equity was $14.18 trillion […]

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Movement Mortgage unveils new loan origination system

Movement Mortgage said Friday that it has completed a three-year overhaul of its technology systems, culminating in the launch of its new loan origination system, MORE LOS. The rollout marks the final phase of Movement‘s initiative to modernize and merge the company’s core systems into a single platform — including data and infrastructure, cybersecurity, finance,

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The $79 trillion shift: How lost wages are fueling the housing crisis

For years, policymakers and analysts have debated the reasons behind America’s worsening housing affordability crisis. Some point to zoning and land-use restrictions, others to construction bottlenecks or rising interest rates. But a growing body of research suggests a deeper, structural problem; wages simply haven’t kept up with the cost of living. That disconnect — according

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American Pacific Mortgage names new CEO

American Pacific Mortgage (APM) announced on Friday a leadership transition as longtime chairman and former president and CEO Bill Lowman prepares to retire later this month after more than two decades with the company. “Words cannot express how impactful Bill’s leadership, guidance, and commitment have been to this company for more than 20 years,” said

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How can mortgage rates get to 5.75% by the end of the year?

The 10-year yield closed below 4% for the first time this year on Thursday, sending mortgage rates closer to year-to-date lows after a credit market scare. But this begs the question: have mortgage rates already priced in a lot of the economic news? Bond traders on Friday were less fearful of the Zions Bank $50

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Home seller profits down in most metros despite record sale prices

U.S. homeowners made an average profit of 49.9% on single-family home and condominium sales in the third quarter of 2025, according to ATTOM’s newest U.S. Home Sales Report. That’s up slightly from 49.3% in the second quarter but down from the 55.4% margin seen in the third quarter of last year. Sellers typically earned $123,100

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Incenter Lender Services plays ‘matchmaker’ with new fair lending platform

Philadelphia-based Incenter Lender Services, which works with nonbank and depository mortgage lenders across the country, on Thursday announced the launch of the Incenter CRA Exchange Platform. The tool is billed as a unique, one-stop “matchmaking solution” for sellers of loans made under the Community Reinvestment Act. The exchange is offered free of charge to banks,

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WFG National Title expands operations into New Mexico

WFG National Title Insurance Co. — a subsidiary of Williston Financial Group — on Thursday announced its expansion into New Mexico. “WFG continues to grow in ways that strengthen our national footprint while staying true to our mission of improving the real estate process for everyone involved,” said Patrick Stone, chairman and founder of Williston

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Mortgage executives call for a renewed leadership model

Leadership in mortgage origination is changing alongside shifting market conditions — but that’s a good thing, according to a panel of senior mortgage executives at The Sales Mastery event powered by Momentum Builder in Dallas this week. Bill Hart, national leadership coach at Movement Mortgage, Natalie Overturf, vice president and divisional sales leader at CMG

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Top-performing NYC team leader Glenn Davis joins SERHANT.

Top-performing New York City agent and team leader Glenn Davis is joining SERHANT. where he will be forming a new team, The New York Collaborative.  Davis is joining SERHANT. from Douglas Elliman, where he was a founding partner of Noble Black and Partners. In 2024, Noble Black and Partners closed $389.44 million in sales volume

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