Why home prices won’t crash in the next recession

Is the U.S. headed for another housing bubble crash? With home prices at all-time highs and concern that the labor market will break...

SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Property services provider SingleSource Property Solutions has launched a new data collection solution for appraisal supported by SingleVue, its new mobile app, the...

7 money moves to make now for a prosperous 2024

While the last months of the year can be a hectic time in your professional and personal life, it’s also the ideal time...

UWM’s margins are improving even as volume falters

UWM Holdings Corporation, the parent of United Wholesale Mortgage (UWM), produced lower mortgage origination volume in the third quarter of 2023 than the previous quarter...

Mortgage applications ticked up after weeks of decline: MBA

Mortgage applications picked up for the first time in four weeks as mortgage rates dropped by 25 basis points, to 7.61%. The Fed’s...

Amid legal uncertainty, MLSs explore cooperative compensation workarounds

As multiple listing services look to navigate potential changes to cooperative compensation following the verdict in the Sitzer/Burnett commission lawsuit trial, some MLSs...

DataDigest: iBuyers slide farther from hyped market disruption

“Significant untapped growth potential,” touts a slide in an Offerpad Solutions Inc. presentation to investors in the blank-check SPAC that took the company...

loanDepot promotes David Smith to vice president of national VA lending

loanDepot has appointed David Smith to the newly-created position of vice president of national VA lending, the company announced on Monday.  In this role,...

Blend narrows loss to $21M in Q3, reaffirms path to profitability in 2024

Mortgage tech firm Blend Labs continued to narrow its financial losses in the third quarter, driven by strong growth in its consumer banking...

loanDepot reports a $26M loss in Q3, expects lower volumes ahead

loanDepot, the California-based lender targeting profitability next year, delivered its sixth consecutive quarterly loss in the third quarter of 2023, according to documents...