Reverse purchase financing: The financing option no one is talking about

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased!1With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoub
Read MoreDavid Stevens, former FHA Commissioner and MBA President, has died

David Stevens, a legend of the mortgage banking industry who helmed the Federal Housing Agency and the Mortgage Bankers Association in a career that spanned four decades, has died.“The real estate finance community mourns the loss today of one of its great leaders and fiercest advocates,” current MB
Read MoreNew (and unusual) commission lawsuit alleges collusion in Sin City

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. The suit was filed on Monday in U.S. District Court in Las Vegas by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a b
Read MoreFix-and-flip lender Anchor Loans launches TPO channel

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors. Anchor Loans’ TPO channel wil
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