In 2022, Crye-Leike Real Estate Services closed roughly $7 billion in sales volume, according to data from the 2023 RealTrends Verified rankings. The T3 Sixty Real Estate Almanac reports the same numbers, while the brokerage company’s 2022 Annual Report pegged its sales volume at $8.5 billion. But now the Memphis-based firm wants to walk back…
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The governing council of the nation’s capital, Washington, D.C. is taking steps to establish a permanent program seeking to protect its older residents with reverse mortgages from foreclosure. In mid-January, the D.C. council enacted the “Fairness and Stability in Housing Amendment Act of 2024,” which amends specific housing agency laws to allow for protections for…
Mortgage servicing is more complex than ever, and while some large servicers are sinking real resources into innovation, many are hesitant to branch out beyond the decades-old systems they’re comfortable with. This could be risky if delinquencies continue to rise in the coming years. “I think servicers are hesitant to branch out beyond these 60-year-old…
Homebuyer confidence for purchasing a home increased slightly in January, according to Fannie Mae‘s Home Purchase Sentiment Index (HPSI). The HPSI increased 0.3 points to 73.4 in January and is now 2.7 points higher than it was a year ago. The share of respondents who believe it’s a good time to sell a home remained…