Rocket offering renters up to $5K in closing credits
RocketRentRewards lets homebuyers earn closing cost credits equal to 10% of their verified rent payments over the past year — about $2,160 for those paying the average $1,800 in rent
by Matt Carter Feb 19
5 reasons homebuyers need their own agent now more than ever
It's tough out there for buyers, and their agents, trainer Bernice Ross writes. Find out how to assist buyers throughout their purchase process and beyond to set them up for success
by Bernice Ross Feb 12
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
Wells Fargo is about to emerge from the regulatory woods
Once the nation's largest home lender, Wells Fargo could be poised for a comeback in mortgage this year as it continues to make progress addressing regulators' concerns about past practices
by Matt Carter Jan 28
Mortgage rates ease on benign December inflation report
Investors bid up shares of mortgage lenders and real estate companies after 'relatively benign' CPI report ends speculation that inflation worries might force the Fed to raise rates this year
by Matt Carter Jan 15
real estate economist
Windermere’s Principal Economist Jeff Tucker looks at October's falling month-to-month new construction numbers
by Jeff Tucker Nov 27
5 reasons to get excited about your business heading into 2025
What doesn’t kill us makes us stronger, Real's Jimmy Burgess writes. Be more prepared than ever to see life-changing growth in your business in the coming year
by Jimmy Burgess Nov 14
Homebuyer challenges offer an opportunity for lenders: JD Power
Survey finds lenders that have remained staffed up and invested in digital processes that streamline the mortgage process are crushing their competitors on customer satisfaction
by Matt Carter Nov 12
There's another rewards card aimed at homeowners: Mesa
Austin, Texas-based startup won't have the space to itself, but strategic partner Visa and backers providing $7.2M in seed funding, led by Streamlined Ventures, like the company's odds
by Matt Carter Sep 24
Do you feel secure? Here's how to safeguard your mind, body, soul
Are we working to live or living to work? Rachael Hite says you have to safeguard your mind, body and spirit to build a professional legacy that lasts
by Rachael Hite Sep 9
City National revamps mortgage after redlining settlement
Royal Bank of Canada subsidiary now offering grants of up to $50K in minority census tracts in the metro LA market as part of larger initiative to boost lending in underserved communities
by Matt Carter Sep 5
Setpoint lands $31M in Series B funding led by 645 Ventures
Since launching in 2021 as the 'Stripe of real estate,' Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business
by Matt Carter Aug 14
Cornerstone staffs up to grow servicing, builder partnerships
7 executive hires in 2024 included Dana Abernathy, who will expand the company's mortgage servicing operations, and Mike Iorio, who is tasked with growing homebuilder partnerships
by Matt Carter Jul 24
housing construction, housing, getty
Builder confidence dropped 1 point in July to 42, according to the latest NAHB Housing Market Index. That's the lowest score since December 2023
by Richelle Hammiel Jul 16
Will your chatbot get you canceled? 10 AI questions to ask
Fair housing advocate Dr. Lee Davenport shares 10 questions to ask before adopting an AI-based chatbot or consumer-facing platform for your real estate business
by Lee Davenport Jul 2