LoanDepot partners with factory homebuilder Onx Homes
With listings scarce and refinancings sluggish, the strategy of partnering with homebuilders to form joint ventures like Onx X+ Mortgage is to grow loanDepot's purchase loan business
by Matt Carter Feb 5
Senate confirms Scott Turner as HUD secretary in 55-44 vote
Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44
by Marian McPherson Feb 5
Will HUD Secretary Scott Turner be good for housing?
Opinion
Broker and former US Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary
by Cara Ameer Feb 5
Bess Freedman on why Compass' listing portal is raising red flags
Opinion
Launched Monday, Compass One's aim is to funnel business through private exclusive channels, Brown Harris Stevens CEO Bess Freedman writes — yet it threatens a healthy real estate market
by Bess Freedman Feb 5
How to create a financial plan as a brand new team leader
With careful planning and strategic execution, you can achieve your financial objectives and lead your real estate team to long-term success, Verl Workman writes
by Verl Workman Feb 5
Fair housing protections rolled back on Day 1 of Trump presidency
Having fair access and the opportunity to lease or own a home is paramount to the American dream, Dr. Lee Davenport writes. Here's how new policies could impact that goal
by Lee Davenport Feb 5
Here's how you feel about Trump's 1st wave of executive orders: Pulse
We asked what you think about the president's 1st few weeks in office and whether his proposed policies are poised to help or hurt the housing market
by Inman Feb 5
CAR publishes open letter to support LA wildfire victims
The letter, to be published in the 'LA Times' and other prominent news outlets, provides information for California residents about price gouging, fraud and unsolicited offers
Inventories on track to normalize in 40% of US markets this year
After growing by 22% last year, inventory is 'a bright spot for a market that’s been dealing with deep deficits in recent years,' according to ICE Mortgage Monitor report for February
by Matt Carter Feb 4
Texas-based mega MLS will no longer require Realtor membership
The Austin Board of Realtors' Unlock MLS will offer non-Realtor subscriptions starting June 1
NYC real estate vet Scott Harris launches Magnetic firm with Side
After 18 years with Brown Harris Stevens, Harris has set off on his own with members of his previous team alongside him. The firm will put a high focus on client and agent service
Patterson Homes joins Century 21 as 1st Memphis-based firm
Travis Patterson and his team, Patterson Homes Real Estate, have officially joined Century 21 Real Estate, becoming the brand's first Memphis-based brokerage, the firm announced
by Richelle Hammiel Feb 4
Wells Fargo closes 2 more consent orders in quest to shed asset cap
Getting out from under $1.95T cap would allow bank to grow its deposit base, providing more room on the balance sheet to originate jumbo mortgages too big for Fannie and Freddie
by Matt Carter Feb 4
Commissions have fallen for homes above $500K, Redfin says
Overall buyer’s agent commissions average 2.37%, essentially unchanged since August. Commissions rose for homes below $500K, according to the new report
by Taylor Anderson Feb 4
Rules on closing costs, PACE loans on CFPB chopping block
In his 1st act as interim Consumer Financial Protection Bureau director, Scott Bessent froze action on all rules and litigation. Here's what that potentially means for the mortgage industry
by Marian McPherson Feb 4