White House, HUD announce $100M round of housing grant funds

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced the availability of $100 million in new, competitive grant funding that is designed to address bureaucratic impediments to the construction of new housing while lowering the costs to rent or buy a home. “Through HUD’s

Mortgage rates are still a concern, but LOs gear up for busy days ahead

The recent declines in mortgage rates have been good news for mortgage professionals and consumers alike. But the industry is not yet out of the woods, said Todd Sheinin, the Maryland-based vice president of strategy and development at Primary Residential Mortgage Inc. “As you talk to more people ac

America’s top listing agents don’t want to deal with the buyer’s agent commission mess

Ralph Harvey, Jason Saphire and Ben Caballero are three of the most prolific agents in America. They collectively sold over 10,000 homes last year alone, and you won’t ever find them on the buy-side of a transaction. But these listing-only agents are still having to adjust their practices to conform

Finance of America details reverse mortgage marketing moves, new Selleck spots

Industry-leading reverse mortgage lender Finance of America (FOA) detailed some of its ambitions in appealing to senior borrowers, which includes new TV commercials that feature former American Advisors Group (AAG) turned FOA spokesman Tom Selleck. During its second-quarter earnings presentation las