"Kasım 2024" Arşivleri

Better Home & Finance Holding Co., the parent of digital lender Better, reported a net loss of $54.1 million in the third quarter of 2024 during an earnings call on Tuesday. By comparison, the company lost $41.4 million in Q2 2024 and $353.9 million in Q3 2023. Better reported third-quarter revenue of $29 million, down…

The Federal Reserve’s policy of higher interest rates has significantly reduced inflation, but one sector of the economy — shelter costs — continues to drive the Consumer Price Index (CPI) higher. In October, housing accounted for more than half of the CPI increase compared to September, rising 0.4% on a seasonally adjusted basis. The rise…

With fluctuating mortgage rates and economic pressure in the housing market, foreclosure activity ramped up in October 2024. According to real estate data provider Attom, homebuyers may face more challenges heading into 2025. Attom released its October 2024 U.S. Foreclosure Market Report on Tuesday. It showed that 30,784 properties had foreclosure filings last month. That’s…

In a new episode of “The Loan Officer Podcast,” host Dustin Owen chats with John Cornish of Iowa-based Key Mortgage Group about his path into the industry, tips for scaling a mortgage lending business and how to avoid stagnation as a loan originator.  This interview has been edited for length and clarity.  To kick off…