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Top U.S. wholesale lender United Wholesale Mortgage (UWM) has taken another aggressive move related to its product set, underscoring its strong commitment to government-backed loans.  On Wednesday, the company announced the removal of all loan-level pricing adjustments (LLPAs) on government loans, albeit with some limitations. The program applies to Federal Housing Administration (FHA), U.S. Department of Veterans Affairs (VA) and U.S. Department of Agriculture (USDA) loans for borrowers with a FICO score of 600 or higher. It is available until March 31, 2025.  LLPAs are fees based on a borrower’s risk profile that affect the cost of a mortgage. Typically,…

A team in Tuscon will now become a franchise known as RE/MAX Horizon, while an ERA franchise in Indiana is rebranding to RE/MAX First Integrity. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. RE/MAX is having a banner November, thanks to a pair of recruiting victories in Arizona and Indiana. The first of those victories took place in New…

Mortgage applications rose 6.3% on a seasonally adjusted basis during the week ending Nov. 22, driven by a 12% increase in demand for purchase loans, according to data released Wednesday by the Mortgage Bankers Association (MBA). It is the third straight weekly increase for applications — a good sign for mortgage lenders heading into the typically slow Thanksgiving holiday. Demand is growing as mortgage rate increases are leveling off following several weeks of upward movement. HousingWire‘s Mortgage Rates Center showed the average 30-year conforming rate at 7.02% on Wednesday, up 3 basis points (bps) from a week ago. While refinance…

Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Even as a judge granted final approval to major commission settlements on Tuesday, a slate of filings in other cases continued to roll in, a stark reminder that the National Association of Realtors’ approval wasn’t the last word. On the same day Judge Stephen R. Bough granted…

NAR’s $418 million antitrust settlement has been approved, but real estate industry experts believe the legal wrangling is far from over. (Image generated by AI in Midjourney) As the saying goes, when one door closes, another opens. For the U.S. Department of Justice (DOJ), that door very well may be the now-mandatory buyer representation agreements, a provision in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement that was granted final approval on Tuesday. In a statement of interest filed less than 48 hours before the settlement received final approval, the DOJ claimed that the buyer representation “provision itself raises…

Applications for purchase loans jumped 12 percent week over week and 52 percent from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. A slight pullback in mortgage rates generated a surge of loan applications from would-be homebuyers but did little…

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Agents have two choices: Learn how to run your entire business from the apps on your phone or tablet or find a new career. The days of running back to the office to write a tricky email to a client, follow up with a lead, or post on social media are long gone, and they’re never coming back. If you want your business to thrive in 2025, choosing the right real estate apps is crucial. To help,…

Progress in taming inflation slowed in October, but futures market investors think the latest numbers up the odds of another Federal Reserve rate cut next month. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. Progress in taming inflation slowed in October, but not to the extent that investors think a December Fed rate cut is…

Nothing sets you up for success like learning the habits and best practices of more experienced agents, brokers and other housing professionals. Beyond your professional growth, the real estate events and conferences on our list will help you stay current with the latest market, tech and industry trends to help you grow your business. Here’s a look at twelve real estate conferences and events that should be on your radar this year. Summary 1. 2025 NAREB Midwinter Conference NAREB, the National Association of Real Estate Brokers, is a leading organization dedicated to empowering Black real estate professionals and advocating for…

The portal wars in the UK are heating up, as CoStar-owned portal OnTheMarket (OTM) fights accusations of using “misleading” traffic data to dethrone competitor Zoopla as the second-most trafficked home search site in England, Scotland, Wales and Northern Ireland. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. The portal wars in the UK are heating up, as CoStar-owned portal…