The rise in home equity lending should continue through the end of next year as conditions feeding current growth in the product will drive the market, a new study from the Mortgage Bankers Association has found. In 2024, the total combined HELOC and outstanding home equity loan debt grew 10.3%, according to the MBA’s 2025 […]

Mortgage industry prognosticator Barry Habib was both surprised and honored that the Federal Housing Finance Agency approached him for a role on the Fannie Mae board. “I wasn’t expecting it, I didn’t solicit it, and it is an extreme honor,” Habib said in an interview with National Mortgage News. He was named to the Fannie

Opendoor, whose stock price has soared since early July, has postponed a special stockholder meeting originally scheduled for today to address a Nasdaq listing notification.  The vote, now rescheduled for Aug. 27, concerns a potential reverse stock split that, if approved by shareholders and enacted by the board, could help remedy the company’s share price