Private equity billionaire Justin Ishbia, the brother of United Wholesale Mortgage CEO Mat Ishbia, has reached an agreement to acquire the Chicago White Sox from longtime owner Jerry Reinsdorf, Sportico reported on Thursday. This would give the Ishbia family ownership of a second major professional sports franchise after Mat Ishbia acquired the Phoenix Suns and […]
Justin Ishbia strikes deal to buy Chicago White Sox Read More »
As it has grown more popular for older people to choose to age in place in their existing homes, this has become a challenge for the senior living industry. While dedicated senior living facilities can offer a sense of community and enticing amenities, the cost may often be out of reach for many potential customers,
How can senior living challenge aging in place preferences? Read More »
With the next race for the mayor of America’s largest city in full swing — and as a city that has consistently elected Democrats for the position for much of the past century — the first Democratic primary debate for the 2025 election was rife with attacks and sweeping policy promises. Nine candidates were on
Democrats put housing front and center in NYC mayoral debate Read More »
Before you’re allowed to help people finance their dream homes, you must get the proper education to obtain your MLO license. Online mortgage schools have made it easier to complete your education requirements, you just have to decide the best option for you. It’s important to consider your own learning preferences. Do you prefer online,
The 5 best mortgage loan originator (MLO) license courses for 2025 Read More »
Blue Sage Solutions has integrated Freddie Mac’s new policy on positive rental payment history into its digital lending platform, allowing lenders to factor on-time rent payments into mortgage applications. The change comes as part of a broader effort to expand access to homeownership, particularly for renters with limited traditional credit histories. Freddie Mac’s Loan Product
Blue Sage Solutions adds rent payment data to Freddie Mac mortgage assessments Read More »
The onset of COVID-19 pandemic in March 2020 set off a wave of domestic migration that reoriented housing markets across the country, turning some metro areas into boomtowns and sinking a number of others. The prevailing narrative around this phenomenon took on a life of its own — a mass exodus from urban cities in
Where does the housing market stand 5 years after the ‘flight to the suburbs’? Read More »
Mortgage rates began the day perfectly in line with yesterday’s latest levels for the average lender. By the afternoon, the underlying bond market had lost enough ground that a handful of lenders were forced to issue mid-day reprices thus taking the average just a bit higher. Unlike the past few days, there wasn’t a highly
Mortgage Rates Little Changed, But Friday Could See a Bigger Move Read More »
The Department of Housing and Urban Development’s own counsel is reportedly concerned that Trump administration-induced staff cuts could disrupt mortgage operations and increase fraud and litigation risks. The revelations stem from an internal HUD document seen by Bloomberg Citylab, according to an article published Thursday. Staff departures at the regulator could allegedly “greatly delay”‘ or
HUD memo reportedly warns of staff cut impact on mortgages Read More »
Federal Reserve Board NEW YORK — At least one Federal Reserve official expects tariffs to lead to higher inflation, and she is worried the effects could be long lasting. Speaking before the Economic Club of New York on Thursday, Fed Gov. Adriana Kugler said she sees ways in which higher trade barriers could lead to
Fed’s Kugler not ready to look past tariff inflation Read More »
For the first time in four weeks, mortgage rates have moved lower, following another seven-day period where the benchmark 10-year Treasury yield moved in a wide range. However, rates are still at levels last seen in February, the Freddie Mac Primary Mortgage Market Survey showed. “The average mortgage rate decreased this week, which is welcome
Mortgage rates move lower for first time in four weeks Read More »