Real Brokerage has big ambitions as it ramps up agents in Q3 and beyond
The Real Brokerage reported a third quarter net loss of $1.06M on $39.8M in revenue as its agents facilitated $1.44B in real estate transactions, up 879% from a year ago
by Matt Carter Nov 22
As inflation heats up, home sales expected to decline over next 2 years
For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter 'mature state of the business cycle,' with the risk of another recession moving into focus
by Matt Carter Nov 19
Flyhomes Cash Offer now available in Idaho
Program is now available to real estate brokerages and their agents in 7 states through Flyhomes for Agents
by Matt Carter Nov 18
UWM shares hit all-time low on news of secondary offering
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family
by Matt Carter Nov 17
ATTOM assessing climate change risk for every US property
Consumers and other real estate stakeholders have a growing number of tools to help them assess risks including floods and wildfires
by Matt Carter Nov 17
Mortgage tech startup SimpleNexus to be acquired by nCino for $1.2B
Deal provides cloud banking solutions provider nCino with an entry point into the $4B US point-of-sale mortgage market
by Matt Carter Nov 17
Off-season rebound for mortgages could bode well for fall home sales
Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association
by Matt Carter Nov 17
Sagent signs 7-year deal to power loan servicing for Servion Mortgage
'Bank-on-your-phone experience' lets consumers manage entire homeownership lifecycle from any device
by Matt Carter Nov 16
LoanDepot courts mortgage brokers with new closing capabilities
As lenders pivot from refis to purchase loans, mortgage brokers are an important source of business
by Matt Carter Nov 16
Guaranty Home Mortgage Corp. to automate doc processing with AI
Mortgage lenders seeking economies of scale are automating much of the loan application and underwriting process
by Matt Carter Nov 16
Spencer Rascoff: The transaction facilitator category needs a rebrand
Rascoff: iBuying will survive without Zillow, but companies that 'take the friction out of transactions' need a new name for their services
by Matt Carter Nov 16
Flush with cash, FHA urged to lower mortgage insurance premiums
A new report warns that a 'sudden and severe' reversal in home price appreciation could stress the Federal Housing Administration's finances again
by Matt Carter Nov 15
FairPlay lands $4.5M seed round to help lenders combat racial bias
APIs are designed to help lenders discover bias in algorithms and take a second look at rejected applicants
by Matt Carter Nov 15
Fake landlord and deed fraud scams plague Detroit buyers and renters
Cash sales don't provide safeguards like title searches that mortgage companies insist on when they're financing a deal
by Matt Carter Nov 12
How equitably is housing wealth distributed in your city?
Interactive tool tracks disparities in homeownership rates, home values and distribution of housing wealth by race and ethnicity
by Matt Carter Nov 12
Survey: Mortgage refi crush exposed dangers of digital-heavy approach
JD Power finds customer satisfaction is highest when lenders employ the right mix of technology and personal interactions
by Matt Carter Nov 11