Ginnie Mae to explore new reverse mortgage-backed security product

Ginnie Mae intends to develop a new reverse mortgage-backed security product enabling the acquisition of loans from an HMBS pool above the existing 98% maximum claim amount (MCA) requirement, according to a new announcement.Released on Tuesday morning, the move is a further attempt to address the we
Read More2024 will see increased real estate agent mobility: Relitix

After a multi-year decline in agent movement between brokerages, Relitix’s Agent Movement Index shows a clear bottoming out in early fall of 2023 and increased real estate agent mobility as we move into 2024.“We can definitely call a bottom to the decline in agent movement,” said Rob Keefe, Relitix
Read MoreNumber of price cuts drops as housing inventory rises

Last week, housing inventory grew and the number of price cuts fell, which is expected at this time of the year. I hope the next thing we see is housing inventory grow at the level it typically does in January or February instead of being delayed until March or April. Last year at this time, invento
Read MoreThe 11 best real estate CRMs for 2024

What’s the secret to nurturing leads and turning them into loyal clients? It’s a high-functioning customer relationship management (CRM) tool with robust features, integrations and automation. As your real estate business expands, nurturing your growing client base inevitably leads to a need for imp
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