Opinion: Why The new urbanism mindset is potentially big business for real estate agents
I see a fork in the road coming in the real estate industry.
I see it when I drive far out from cities, in...
DataDigest: Mortgage rates aren’t causing delinquencies. Disasters are
In September 2022, the 30-year fixed mortgage rate averaged 6.1%, according to Freddie Mac data. Fast-forward one year, and the rate averaged 7.2%,...
New York-based Corcoran affiliate acquires independent brokerage
Corcoran Baer & McIntosh, a franchisee of Corcoran Group based in New York City, acquired New Jersey-based Woodward Realty Group, the companies announced...
Is the housing market finally turning a corner?
https://www.youtube.com/watch?v=hgC5-anR5DU
As 2023 draws to a close soon, housing inventory has been rising very late in the year. Last year at this time, sellers...
Total Expert, Polly purpose to assist a lender determine buyer alternatives sooner
Customer engagement platform Total Expert‘s customer intelligence and mortgage tech firm Polly‘s product and pricing engine (PPE) will help California-based lender Mountain West...
U.S. Bank appoints new retail lending leader
U.S. Bank appointed John Hummel to lead its East market for retail home lending. Hummel, who previously led the correspondent and Housing Finance...
AlphV/BlackCat claims credit for loanDepot cyberattack
Infamous ransomware gang AlphV/BlackCat claimed it was behind the January cyberattack at top 15 U.S. mortgage lender loanDepot.
loanDepot, which originated about $17 billion...
Tracy Kasper officially installed as NAR’s new president
The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim,...
Mortgage lenders facing a dark, cold winter
The coming winter is expected to be an existential test of survival for many independent mortgage banks (IMBs), according to leaders of several...
3 ways to help borrowers navigate choices as ‘exotic’ loans make a comeback
Rates for a 30-year, fixed-rate mortgage are the highest in over 20 years and may stay elevated for some time. As borrowers reel...
