More than 2,200 different multifamily lenders provided $480.1 billion in new mortgages for apartment buildings with five or more units in 2022, a reduction of around 1% when compared to 2021 levels. This is according […]
For the 15th consecutive year, Florida remained the top destination for foreign buyers, accounting for 23% of all international purchases. The post Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them appeared […]
The appropriations committees in both the U.S. House of Representatives and the U.S. Senate last week put forward their versions of the Fiscal Year 2024 (FY24) Transportation, Housing and Urban Development (T-HUD) appropriations bills. The […]
Fannie Mae netted $5 billion in profits in the second quarter, up $1.22 billion from the first three months of the year. Executives attributed the swollen profits to the continued strength of home prices, which […]
Stavvy, a fintech company specializing in digital and remote collaboration for lending and real estate companies, acquired Brace, a digital mortgage servicing platform. Terms of the deal were not announced. With the acquisition, servicers and […]
Zillow Group‘s new-construction listings will be automatically syndicated to Redfin. The deal between the listing platforms comes as new construction listings form roughly 30% of the housing sales market. The partnership is aimed at expanding […]
With summer vacation season winding down in August, the national average for a gallon of gas awoke from a months-long slumber, surging 13 cents in the last week of July to $3.71, says AAA. The […]
Jaro is a full-service appraisal management software that supports lenders, appraisal management companies, appraisal firms and appraisers alike. It offers support for the simplest of workflows and the most complex, with ease. Jaro was initially […]
When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure […]
The Schmidt Family of Companies, the parent company of Coldwell Banker Premier Properties, has announced its market expansion in Florida through the strategic acquisition of a sales office in Palm Coast. The acquisition involves the […]
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