Katie Sweeney, a prominent broker advocate, is disputing accusations by her former organization that she directed almost $1 million in payments to herself. The Association of Independent Mortgage Experts raised the claim in response to its former leader’s lawsuit suggesting the trade group owes her money. The sides have traded allegations since Sweeney sued AIME […]
Katie Sweeney denies accusations in AIME payment fight Read More »
The long-term rate drop in anticipation of the latest Federal Open Market Committee has affected servicing, but since the confirmation of a 25 basis point FOMC cut has stabilized financing costs the impact currently appears limited on a go-forward basis. “Servicers should expect a pickup in refinances as there are a significant number of households
What the current Fed rate outlook means for servicing Read More »
Adobe Stock Profits for home flippers have been on a steady decline for more than a decade, and return on investment hit a 17-year low in the second quarter of this year, impacting a market some lenders serve. The average return on investment for a flipped home was 25.1% in the second quarter of 2025,
Home flipping profits drop to new multiyear low Read More »