loanDepot’s new FHA down payment assistance program lets borrowers put zero down
loanDepot has rolled out a new down payment assistance program for Federal Housing Administration (FHA) loan borrowers that enables them to put zero money down...
UWM returns to profitability in Q1 amid MSR sales, improved margins
UWM Holdings Corp., the parent of United Wholesale Mortgage (UWM), returned to profitability in the first quarter of 2024 despite higher rates, a lack of...
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...
Bekki Shae Smith to join high-producing Georgia brokerage
Path & Post Real Estate appointed Bekki Shae Smith to the role of managing broker, the Georgia-based boutique brokerage announced on Thursday.
Before joining...
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...
Senior FDIC official to lead Conference of State Bank Supervisors
The Conference of State Bank Supervisors’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice...
US annual rent growth slows for the 17th straight month in September: CoreLogic
Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three...
What the new home sales report shows about labor market risk
When single-family permit demand collapsed in 2022, we still had a healthy backlog of homes that needed to be finished. While that was...
Opinion: How regulators can reduce costs and increase equity
Recently, new technologies have reduced costs associated with purchasing a home and provided more opportunities for first-time homebuyers to enter the market.
To...
FHA proposes changes to 203(k) program
Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program.
The updates...