Arbor Homes, a subsidiary of Clayton, is leaning into its Arrival Series to offer entry-level buyers a home in the low $200s, addressing the growing U.S. affordability gap. The Indianapolis-based homebuilder recently introduced the Arrival Series to the Louisville market, with detached homes available starting at $199,995. The homes, located in a community in the…
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Momentum MLS and Rayse announced a new partnership aimed at improving transparency, communication and client engagement throughout the real estate transaction process. The collaboration will provide Momentum MLS subscribers with access to Rayse as a member benefit, giving agents tools to guide buyers and sellers through transactions with real-time updates and structured client communication. The…
Analysts at Keefe, Bruyette & Woods (KBW) said UWM Holdings Corp., the publicly traded parent company of United Wholesale Mortgage (UWM), is positioned for continued growth despite elevated interest rates. It points to expanded broker market share, in-house technology investments and a push to bring mortgage servicing operations fully in-house. In a research note published…
An audit from the U.S. Department of Housing and Urban Development (HUD)’s Office of Inspector General (OIG) found that more than 1,200 reverse mortgage borrowers could exhaust funds set aside to pay property taxes and insurance years earlier than expected, potentially exposing HUD to hundreds of millions of dollars in losses. The audit, released May…