With new-home sales growing since 2022, why are housing starts at recessionary levels? Well, it’s a complicated story if you don’t know how the homebuilders operate, and not all homebuilders are the same. The big publicly traded builders have money to pay down mortgage rates and manage their pipelines better than smaller homebuilders. However, even…
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Mutual of Omaha Mortgage’s reverse division has launched a new program, “Broker Protect,” that aims to offer what it calls industry-first protections to brokers doing business with the company. Mutual of Omaha approved brokers and principal agents will have access to five core protections, including a promise that the lender “will not solicit borrowers established…
Editor’s note: This is the first in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. In the year since a Missouri jury found the real estate…
Jim Egan, Morgan Stanley U.S. securitized products research, joins ‘Power Lunch’ to discuss the health of the housing sector.