Ginnie Mae fires back at TCB over venue claims in reverse mortgage case

Attorneys for Ginnie Mae have responded to Texas Capital Bank (TBC) over the government’s motion to move the case to a different venue. They say that the bank’s own filing on the matter avoids the key issues that the government sought to raise regarding the original clause that specifies where any r

Seniors seem more receptive to roommates as they tackle housing costs

Older Americans who seek out younger roommates to stay on top of high housing costs is not a new concept, but there is evidence to suggest that the trend is growing more popular. This is according to a recent podcast episode hosted by Boston-based NPR affiliate WBUR. Jennifer Molinsky, director of t

To write or not to write: Some brokerages draft their own forms while others leave it to state associations

At the start of 2024, CEO Leo Pareja did not think eXp Realty would find itself in the real estate forms business, but eight months into this year, things look a little different. In March 2024, the National Association of Realtors (NAR) settled the nationwide commission lawsuits and agreed to sever

Mortgage execs on alert mode for lower rates — and their side effects

Mortgage industry executives are on alert amid the global stock-market meltdown caused by fears that the Federal Reserve may have kept the federal funds rate too high for too long, which could bring the U.S. economy into recession. Tensions in the bond markets have provoked a decline in mortgage rat