Flagstar Bank takes over Signature Bank's retail branches
$2.7B deal does not include about $4B in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp
by Matt Carter Mar 20
LoanDepot says it has 'full access' to $600M Signature Bank credit lines
Struggling mortgage lender also assures investors that it has moved $225M in cash it held at Signature Bridge Bank to another institution
by Matt Carter Mar 15
Housing inventory shoots up as homes sit longer on the market
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time
by Jim Dalrymple II Mar 2
Cardone says REI will 'save housing': The Real Word
Opinion
This week, Byron Lazine and Nicole White discuss the latest from Gary Keller, Grant Cardone's market predictions and little things that undermine real estate businesses
by Byron Lazine Feb 27
Are couples moving in together just to save money? The Real Word
Opinion
This week, Byron Lazine and guest host Lisa Chinatti discuss the tax on single renters, agent dress codes and the state of inflation in Left, Middle, Right
by Byron Lazine Feb 20
A home touted as the priciest in the US a decade ago returns to market
A Connecticut estate made headlines in 2014 when it sold for $120M, making it America's priciest home sale at the time. Now its owners are giving it a shot on the market for $30M more
by Lillian Dickerson Feb 10
Should you buy down your mortgage? The Real Word
Opinion
This week, Byron Lazine and Nicole White are talking about buying down mortgages, investing in your real estate business and keeping up with current events
by Byron Lazine Feb 10
Homebuyer dollar stretching further as rates drop: Zillow
As mortgage rates have dropped from a roughly 7% peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3K monthly payment
Amerant Mortgage launches Midwest hub in St. Louis, Missouri
Florida's largest community bank, Amerant Bank, continues to grow the national footprint of its mortgage subsidiary, Amerant Mortgage, through acquisitions
by Matt Carter Feb 3
CIBM Bank out to double mortgage originations with new hires
Illinois-based bank hires new mortgage ops director and will add 30 new mortgage loan officers to expand into Arizona, Connecticut, Florida, Massachusetts, New York and Rhode Island
by Matt Carter Jan 3
Cornerstone Home Lending gives sales teams national scope
Merger with Roscoe State Bank means the Houston-based company's loan officers are now federal mortgage loan originators who can offer purchase loans and refinancing in 37 states
by Matt Carter Jan 3
The Real Word's predictions for the 2023 market
Opinion
This week, Byron Lazine and Nicole White are talking about the end-of-year Case-Schiller update, the Twitter account real estate agents should be following, the marketing trends that won't make it into 2023 and the pitfalls of quiet quitting
by Byron Lazine Dec 30
Team structures are absolute nonsense: The Real Word
Opinion
This week, Byron Lazine and Nicole White are talking about teams, teamerages, and expansion teams and their effect on rankings, how agents can help buyers obtain down payment assistance, plus topics from left, middle and right
by Byron Lazine Dec 22
Tomo enters 5 new states, launches real-time preapproval process
After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C.
by Matt Carter Dec 1
RLTY Capital launches suite of agent Success Services
Agents who sign on can access legal structuring and advisory services, a network of industry thought leaders, accountants, wealth managers and a variety of courses