Existing-home sales grew in November after months of declines
Sales of existing-homes inched up in November, breaking a streak of five consecutive monthly declines. While sales are still tracking below last year’s...
Assumable mortgage platform Roam partners with national lender on down payment assistance
New York-based assumable mortgage platform Roam rolled out a new partnership with national lender Spring EQ to provide second-lien loans to Roam customers,...
5 ways to provide overwhelming value to buyer clients
It’s a fact: Buyer-side commissions are no longer a guarantee and no longer an entitlement. You can’t just assume you’ll be receiving a...
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...
DOJ: Offers of agent compensation ’should not be made anywhere’
Although Leal highlighted the DOJ’s belief that offers of compensation should not be anywhere, she did not explicitly say what specific changes the...
More local brokerages added to Georgia commission lawsuit defendant list
An amended complaint in the Phillips copycat commission lawsuit filed on Wednesday in northern Georgia names a slew of additional defendants, as well...
Mortgage rates continue a downward trend in the twilight of 2023
As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent.
The 30-year fixed-rate mortgage averaged 6.61% as...
PennyMac announces proposed private offering of $650M in senior notes
California-based multichannel lender and servicer PennyMac Financial Services announced on Monday a proposed private offering of a $650 million aggregate principal amount of...
The 2024 mortgage M&A playbook
Guild Mortgage has an ambitious plan under the leadership of its new CEO, Terry Schmidt. The California-based retail lender has set a target...
Clear Capital’s Kenon Chen on appraisal modernization
Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital, to talk about...
