Brookfield Properties said to be acquiring Divvy Homes in 'fire sale'
Valued at $2B in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year
by Matt Carter Jan 13
Manufactured homebuilder's lender draws regulatory scrutiny
Vanderbilt Mortgage, which also does business as Silverton Mortgage, is accused by CFPB of approving loans that it knew, or should have known, borrowers couldn't repay
by Matt Carter Jan 6
Fathom Realty hires eXp vet Andrew Shock as new ops chief
Organizational change will allow DeJane Kerr, Fathom Realty's senior vice president of compliance, to focus on brokerage compliance, parent company says
by Matt Carter Dec 12
Nation's biggest lender, UWM, is piloting Fannie Mae title waivers
Trade group for title insurers complains federal regulators are disregarding the views of lawmakers in allowing the program to move forward on the eve of a 2nd Trump administration
by Matt Carter Dec 12
Mobile home prices surge but remain an affordable alternative
The price of mobile homes has surged by approximately 58% between 2018 and 2023, outpacing the 37.66% growth in traditional single-family home prices
by Richelle Hammiel Dec 11
Embattled sale-leaseback platform EasyKnock closes its doors
Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about 2 weeks after being sued by Connecticut's Attorney General
by Matt Carter Dec 6
US home prices rose in 90% of metro areas in Q3, NAR says
The median price for single-family existing homes increased by 3.1% year over year to $418,700, with the 30-year fixed mortgage rate ranging between 6.08% and 6.95%
by Richelle Hammiel Nov 7
Howard Hanna expands with acquisitions in Ohio, South Carolina
The nation's largest family-owned brokerage adds new partnerships in Dayton, Ohio, and Hilton Head, South Carolina. Big Hill and The Alliance Group Realty joined Howard Hanna this week
by Taylor Anderson Oct 30
How to use down payment assistance to close more deals
Looking for a way to differentiate the service you provide to buyers? Luke Babich writes that a top-down knowledge of down payment assistance programs in your area can help you stand out
by Luke Babich Oct 17
Trump, Harris housing policies emerging from the rhetoric
Housing policy has gotten short shrift in the debates, with a tight focus on immigration and inflation. But the candidates' platforms — and Project 2025 — provide more details
by Matt Carter Oct 16
Minnesota latest to sue MV Realty over 'immoral and illegal' contracts
Minnesota Attorney General Keith Ellison announced the suit last week, saying the Florida-based brokerage violated consumer protection laws by selling 'contracts with oppressive terms'
by Jim Dalrymple II Oct 4
EasyKnock scores a legal win in dispute with Texas clients
The case was one of a handful of legal challenges in multiple states faced by the sale-leaseback platform that was founded in 2016
by Taylor Anderson Oct 2
MV Realty loses Colorado license in latest setback over contracts
The Colorado Division of Real Estate announced the move Monday, days after the beleaguered brokerage suffered a legal blow in California over 40-year contracts described as 'predatory'
by Jim Dalrymple II Sep 25
MV Realty barred from enforcing 40-year contract in California
A new preliminary injunction orders the Florida-based brokerage to stop issuing liens in California, and to stop enforcing its 40-year 'homeowner benefit agreements'
by Jim Dalrymple II Sep 20
On Realtor.com's hottest ZIP codes list, the Midwest reigns supreme
Affordability and a plethora of amenities vaulted Gahanna, Ohio, to the top of Realtor.com's 2024 hottest ZIP codes list. ZIP codes in Missouri and Indiana made the list, too
by Marian McPherson Aug 20