At the end of August, Guild Mortgage announced a suite of products under the name “Flex Payment Mortgage,” which includes Home Equity Conversion Mortgage (HECM) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans. Jim Cory, managing director of Guild’s reverse division, previously spoke with HousingWire’s Reverse Mortgage Daily (RMD)…
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Like all of the other settlements so far, plaintiffs’ attorneys in the ongoing real estate agent commission lawsuits have asked a court for one-third of the settlement amounts agreed to by the National Association of Realtors (NAR) and HomeServices of America. In a filing in the Sitzer/Burnett suit on Friday, the class counsel notified the…
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Alan Ratner, Zelman & Associates managing director, joins ‘Money Movers’ to discuss why a Fed cut wouldn’t impact mortgage rates, his forecast for mortgage rates, and much more.