NRMLA urges HUD to loosen FHA property rules

The National Reverse Mortgage Lenders Association (NRMLA) is urging the U.S. Department of Housing and Urban Development (HUD) to overhaul several single-family property standards, arguing that current rules under the Federal Housing Administration (FHA)’s minimum property requirements are creating unnecessary costs and limiting access for older and rural borrowers. In a June 29 letter to […]

NRMLA urges HUD to loosen FHA property rules Read More »

The IDX debate: Is it time to do away with the Internet Data Exchange?

A question is starting to circulate among brokerage leaders and at industry tables: Is it time to do away with IDX? On the surface it sounds like a housekeeping matter, a debate about website feeds and display rules. It is not. The IDX question is one of the most important structural questions our industry faces,

The IDX debate: Is it time to do away with the Internet Data Exchange? Read More »

UWM likely better off after losing Two Harbors deal, KBW says

Analysts from Keefe, Bruyette & Woods (KBW) say that United Wholesale Mortgage (UWM) may be better off after losing its bid for Two Harbors Investment Corp. They argue that the failed acquisition removes leverage risk and increases the likelihood of a dividend cut that could strengthen the company’s balance sheet. In a flash note released

UWM likely better off after losing Two Harbors deal, KBW says Read More »