ICE Mortgage Technology is continuing to accelerate the adoption of its more modern technologies by sunsetting older tech stacks. The mortgage tech behemoth on Wednesday told clients that it would be launching a pilot program to ultimately sunset Encompass CRM in favor of its more modern Surefire product (which it picked up in the Black…
"October 3, 2024" Archives
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The real estate industry illuminati believe that mortgage rates dropping below 6% will get housing markets moving again, but there’s growing evidence that the recent decline in rates is already doing so. Redfin’s Homebuyer Demand Index — which measures homebuyer requests for agent services like home tours — was up 9% month over month at…
Seniors often face a range of emotions when the discussion of downsizing to a different home arises. (Image generated by AI through Midjourney While many older homeowners often entertain the idea of downsizing into a smaller home to better accommodate natural changes to mobility in later life, this doesn’t mean the decision is an easy…
For too long, the mortgage industry has used “the money gun” to deal with problems. And that has consequences. Nowhere is that more evident than in the cost to manufacture a mortgage, which was more than $11,600 in the second quarter. In a panel at HousingWire’s IMB Summit in Dallas on Tuesday, Community Home Lenders…