Commission lawsuits and industry practice changes will face off in our final bracket challenge. Inman readers, vote now and let us know what you think is the most important story of 2024.
"December 20, 2024" Archives
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Ellington Financial, the parent company of major reverse mortgage lender and servicer Longbridge Financial, announced this week that it has issued a $243 million proprietary reverse mortgage securitization backed entirely by Longbridge’s “Platinum” product line. The loans will also continue to be serviced by Longbridge, according to the announcement of the securitization. HousingWire’s Reverse Mortgage…
It’s late December so all the 2025 mortgage rate forecasts have been published. Unfortunately, all of them are already wrong. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. And yet with…