The other half of the lake: Why lifecycle lending is becoming mortgages’ next growth strategy
Loan originator pipeline growth has followed a familiar formula: originate a purchase loan, capture a refinance when rates fall and hope the borrower returns for their next home purchase. But in today’s housing market, that model is producing fewer opportunities. Purchase volume remains constrained,
Former Stockton Mortgage employees, Novus deny trade secret allegations
Several former Stockton Mortgage Corp. employees have denied allegations that they misappropriated trade secrets and interfered with the company’s business after leaving to join competitor Ixonia Bancshares, operating as Novus Home Mortgage, according to court filings. Eighteen defendants filed thei
North Carolina kicks parking rules to the curb in statewide reform
North Carolina housing advocates have tried for years to pass state-level zoning reform. They kept falling short. Broad reforms met the same fate in the recently ended session – except one: parking reform. What started as a stormwater management bill became one of the most aggressive parking reforms
Zillow, MRED, Compass await ruling in Chicagoland MLS fight
The hearing regarding Zillow’s motion for a preliminary injunction in its ongoing antitrust battle with Midwest Real Estate Data (MRED) and Compass International Holdings may have concluded last Thursday, but the parties are still waiting for an answer. This week, all three parties must file post-h
