Why home prices haven’t crashed even with high mortgage rates
Weekly housing inventory data
We will start with the price cut data percentage because it deserves a detailed explanation. 2022 was a historic year...
Texas homeowners sue loanDepot, Cardinal over “deceptive practices”
Mortgage lenders loanDepot and Cardinal Financial are the targets of class-action-seeking lawsuits alleging deceptive practices, negligent misrepresentation and gross negligence against Texas homeowners.
In a pair of lawsuits...
Ahead of trial date in HMDA case, Freedom Mortgage and CFPB face hurdles
The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding and magistrate judges, respectively, in a case...
Cenlar appoints David Schneider as president
Cenlar FSB, the second-largest mortgage servicer and largest subservicer in the United States, promoted David Schneider to president of the company on Monday. Prior to his...
Williston Financial Group’s MyHome acquires Volly
Williston Financial Group is closing out 2023 with yet another acquisition. The firm announced Thursday that MyHome, a WFG subsidiary, has acquired technology...
Here’s how real estate brokers can aggressively attack operating costs
Broker/owners have been on quite a ride over the last few years.
With the residential real estate pendulum swinging from blissful exuberance in the...
White House announces new housing initiatives to boost homeownership
The White House on Monday announced a series of new initiatives designed to boost U.S. homeownership, alongside data detailing housing aid that has...
3 steps real estate agents can take to make a big difference in housing...
Despite rising housing unaffordability, we in the real estate business know that homeownership is still a fantastic way to build generational wealth. Not...
Homebuilders slash prices to clear inventory as confidence sinks again in November
Elevated mortgage rates sank builder confidence again in November, but recent economic data suggests housing conditions will pick up in the coming months.
Builder...
“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers
Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high...
