Private equity and insurance companies piling into residential mortgages
After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. This increased flow...
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,...
Busting VA mortgage loan myths
There’s no higher honor than serving in the United States Military, which I deeply understand as a former Army sergeant. And, like many...
Mortgage rates trend down for the third straight week
Mortgage rates fell this week as the October inflation report drove down the yield on the 10-year Treasury. On Thursday, investors priced in...
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...
CFPB orders Bank of America to pay $12M for submitting false mortgage data
The Consumer Financial Protection Bureau (CFPB) imposed a $12 million penalty on Bank of America (BofA) for violating federal laws by submitting false mortgage lending information for...
One year after expansion, Guaranteed Rate remains bullish on reverse mortgages
Increased adoption
When asked about how reverse mortgage business is going in the first half of the year, Ogata said that he’s happy with...
MeridianLink integrates with Polly to bolster lenders’ profitability
Polly, a software-as-service mortgage tech firm, announced a bi-directional integration with MeridianLink, a loan origination software system provider, on Tuesday.
The partnership enables lenders...
4 tips for staying relevant as a real estate professional in 2023
A friend of mine is a successful real estate professional in a competitive market. We often discuss changing housing market conditions, and the pressure real...
Bankrupt AmeriFirst Financial needs courtroom to inexperienced mild non-public sale of loans
Bankrupt retail lender AmeriFirst Financial is seeking approval for a private sale of loans from a Delaware bankruptcy judge to pay off two...
