HighTechLending leaders say flexibility, added value drive rebranded wholesale division

California-based HighTechLending, a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.One of

Mortgage rates are down. Do buyers care?

Mortgage rates fell two weeks ago, then climbed steadily again last week. Is it enough to motivate any new seller activity or are we looking at 2025 before home sales finally recover?From a total inventory perspective, we haven’t seen any pickup in demand in the past couple of weeks as mortgage rate

More FHA borrowers are using piggyback loans that bear watching: CoreLogic

Piggyback mortgages — those involving a first and second lien at origination — are on the rise among first-time and low- to moderate-income borrowers who face affordability challenges. This is according to a CoreLogic report published on Monday.The share of piggybacked Federal Housing Administration

Oh snap! Michigan real estate brokers file antitrust suit against NAR

There are just five days to go until the business practice changes outlined in the National Association of Realtors’(NAR) nationwide commission lawsuit settlement agreement, but the trade association is not out of the lawsuit woods just yet. In a lawsuit filed on Monday by Douglas Hardy, Glenn Champ