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“Last night, my Uber driver was a loan officer.”

Housing Wire

The steady drumbeat of dour news in the mortgage industry punctuated by headlines announcing layoffs and closures among the ranks of independent mortgage banks continues to play out, with several lenders over the last two weeks adding to the torrent of pink slips. Charting the loan officer exit.

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The 2022 housing market: A tale of two halves

Housing Wire

The first half of the year, with mortgage rates in the 3s and 4s, was like “Fast and Furious.” The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. over asking price.

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Reali Loans Review for 2021

The Mortgage Report

Reali Loans mortgage review showing how Reali compares to other top mortgage lenders for mortgage rates, loan options, and customer service.

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Real estate startup Reali to shut down

Housing Wire

California real estate startup Reali is shutting down, with plans to lay off most of its employees on Sept. The firm is the latest to fall victim to rising mortgage rates and a drop in home sales. . The post Real estate startup Reali to shut down appeared first on HousingWire. and 25 in Israel.

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