A key home price metric has skyrocketed since 2019

A report released Wednesday by Realtor.com shows that a key measurement of U.S. home values is growing faster that the more commonly viewed metric of listing price.The analysis revealed that, across the 50 largest U.S. metro areas, price per square foot rose by 52.7% during the five-year period endi
Read MoreFinance of America hit with layoffs; chief retail sales officer steps down

Leading reverse mortgage lender Finance of America (FOA) has undergone a round of layoffs that are impacting multiple levels of the organization, including retail and corporate leadership positions. The news was first reported by National Mortgage News.While FOA catapulted to the top spot in the rev
Read MoreGallup survey shows deep discomfort among Americans about retirement

Only 15 percent of U.S. adults believe the nation will be able to adequately care for its aging population, and nearly three-quarters (73%) of adults under the age of 65 are concerned that the Medicare program may not exist by the time they are able to qualify for it. This is according to survey res
Read MoreWill AI replace mortgage jobs? Not exactly, execs say

Top mortgage technology executives say their companies are embracing artificial intelligence (AI) in their operations but still relying on human decision-making to sell loans. And that’s not expected to change anytime soon.“There’s one question every CEO, CTO, CIO, loan officer, processor, underwrit
Read More
Categories
Recent Posts










