Serious mortgage delinquencies could bounce from 17-year low
Early-stage delinquencies have increased for 3 months in a row, suggesting that delinquency rates may be nearing a bottom, according to Black Knight's first look at August mortgage data
by Matt Carter Sep 25
NAR pushes back on harassment claim amid growing agent backlash
The National Association of Realtors tapped an independent law firm to investigate sexual and racial harassment allegations, ultimately choosing to 'reject' claims made by a former employee
And the cheapest state to buy a home is…
Illinois is the cheapest state to purchase a home, due to a study by California-based boutique brokerage RubyHome. The study focuses on the income-to-sale price ratios for each state
by Marian McPherson Apr 28
Ribbon makes massive cuts, leaving fewer than 30 workers
In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the company had laid off workers and would now 'be a company of less than 30 people'
by Jim Dalrymple II Nov 21
Ribbon suspends cash offer service, working on new tools for spring
The New York-based power buyer had been purchasing homes on behalf of RibbonCash clients who were unable to close a deal with their own financing
by Matt Carter Nov 11
First Community Mortgage announces 'major' expansion
FCM lures talent from PrimeLending and invests in technology and diversity to fuel growth as mortgage rates force many lenders to downsize
by Matt Carter Oct 20
Ribbon expands footprint in Arkansas, Colorado and Illinois
In Hot Springs, Arkansas, Ribbon will work with agents at Crye-Leike, which also partnered with Ribbon when it launched services in Alabama
by Matt Carter Oct 5
Borrower surveys pinpoint closings as problem area for lenders
Investments lenders have made to streamline the application process seem to be paying off, but surveys show borrowers are still tripped up by document collection and closings
by Matt Carter Aug 30
Ribbon slashes one-third of workforce to adjust to 'new reality'
After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
by Matt Carter Jul 28
Kiavi says it's still making loans to real estate investors after layoffs
After unloading $218M in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals 'are certainly tough right now'
by Matt Carter Jul 18
Real estate agents band together for recovery in tornado-stricken states
Tornadoes ripped through six states between Friday and Saturday morning, wreaking havoc and destruction. Realtors told Inman that they were helping each other amidst the devastation
by Lillian Dickerson Dec 13
The secret to this brokerage’s culture? Being approachable
Here's how one broker-owner has cultivated an inviting, approachable culture that fosters trust and confidence within the local community, leading to consistent success
by Ben Fox Nov 17
These are the most expensive states to insure a tiny home
It costs about 242% more to insure a tiny home in Oklahoma than across the remaining US states and District of Columbia, according to a new analysis
by Lillian Dickerson Aug 19
Summer is the season for rental scams, Better Business Bureau says
Renters face the greatest financial losses due to scams during summer months, as peak moving season arrives and the rental scammers emerge
by Lillian Dickerson Jul 20
Get paid to move: 6 regions wooing new residents with cash perks
Economic councils across the U.S. are trying to lure remote workers with incentives like cash, community events with other transplants, free flights and in the case of the Northwest Arkansas Council, a bicycle. And it seems to be working
by Lillian Dickerson Apr 30