3 Real estate lessons learned from the dance floor of “Dancing with the Stars”
William Shakespeare said it well: “All the world’s a stage, And all the men and women merely players.” I relate, as much of...
2023: A year of retrenchment for the secondary mortgage market
As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates, steep...
Freddie Mac announces standardized mortgage documents for DPA programs
Freddie Mac rolled out standardized subordinate lien documents for subordinate mortgages offered by down payment assistance (DPA) providers to facilitate easier and greater...
BofA’s mortgage production declines 6% in Q3
Top-20 U.S. mortgage lender Bank of America (BofA) reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous...
Texas commission lawsuit names real estate teams and individual broker as defendants
The commission lawsuits have arrived in Texas, but the QJ Team suit, named after its lead plaintiff, isn’t like your Moehrl, Sitzer/Burnett, March,...
FHFA says GSEs are open to alternatives to loan repurchases
Regarding lenders’ vociferous complaints about increased loan buybacks from Fannie Mae and Freddie Mac, FHFA Director Sandra Thompson said the regulator expects originators to deliver loans...
Compass cuts losses in Q3, addresses commission lawsuit threat
Compass surprised positively in the third quarter of 2023 by posting a number of strong results. The brokerage’s national quarterly market share grew...
The homegenius Platform gives consumers deeper insights in the home buying and selling journey
The process of finding, buying and owning a home today is disjointed, antiquated and messy. homegenius Real Estate understands the need to deliver...
Condo originations ‘streamlined’ through project advisor tool: Freddie Mac
Government-sponsored enterprise (GSE) Freddie Mac on Wednesday announced further enhancements to its Condo Project Advisor tool that are designed to “streamline” such loan...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance
“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide them an alternative to the cash-out refi,“ he...
